712 Rena Mae CtLas CrucesNM88005
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Nearby investment properties with comparable prices
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
Investment Highlights
Investment property for sale in Las Cruces at 712 Rena Mae Ct, Las Cruces, NM, 88005 at $300,000 posts ROI 28.58% with $719/mo cash flow from $2,479/mo rent. Total monthly income equals $2,479/mo, and annual cash flow records $8,622/yr on $99,450 to close. Return on cash invested measures 28.58% and rental yield reads 9.92% at the current $300,000. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 by year five. Five-year ROI prints 148.95% and total cumulative return in cash totals $148,128.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,479/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1995
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88005, Las Cruces, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,190 (100%) |
| Owner Occupied HU | 7,062 (57.9%) |
| Renter Occupied HU | 4,000 (32.8%) |
| Vacant Housing Units | 1,128 ( 9.3%) |
| Median Home Value | $251,488 |
| Average Home Value | $293,529 |
Housing Distribution
Address Breakdown
Residential
11,207
Single Family
11,052
Multi-Family
155
Businesses
1,006
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Listed by: Martha Parks • Home Pros Real Estate Group New Mexico
Mls Name: SNMMLS
Mls ID: #2502059