765 Stone Canyon DrLas CrucesNM88011
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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
Investment Highlights
Rental property for sale in Las Cruces at 765 Stone Canyon Dr, Las Cruces, NM, 88011 offers $2,354/mo rent that, after a $1,906/mo payment, leaves $68/mo cash flow. Total monthly income is $2,354/mo, and annual cash flow is $819/yr on $129,119 cash. Return on cash invested measures 20.54% in year one, and rental yield stands at 7.25% at a $389,500 entry. Equity gained on principal adds $2,513/yr while 5% annual appreciation compounds into $107,612 by year five. Five-year ROI records 105.84% and total cumulative return in cash reaches $136,663. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,354/mo property income versus a $1,906/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88011, Las Cruces, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,449 (100%) |
| Owner Occupied HU | 9,437 (57.4%) |
| Renter Occupied HU | 5,793 (35.2%) |
| Vacant Housing Units | 1,219 ( 7.4%) |
| Median Home Value | $350,120 |
| Average Home Value | $396,254 |
Housing Distribution
Address Breakdown
Residential
15,613
Single Family
13,432
Multi-Family
2,181
Businesses
780
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