7024 Camino Nuevo Mejico, Las Cruces, NM, 88007 | 6.99% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Las Cruces at 7024 Camino Nuevo Mejico, Las Cruces, NM, 88007 offers a 6.99% rental yield on a $450,000 purchase with $2,622/mo rent. 75% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 101.59% and total cumulative return in cash at $151,554. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,622/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2021

6,534 sqft lot

$N/A/sqft

No HOA