7704 Celestial StLas CrucesNM88012
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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 7704 Celestial St, Las Cruces, NM, 88012 priced at $583,000 pairs $3,210/mo rent with after a $2,853/mo payment. Total monthly income equals $3,210/mo. Return on cash invested is 18.74% in year one, and rental yield stands at 6.61% on a $583,000 basis. Equity gained on principal adds $3,762/yr, and 5% annual appreciation accumulates to $161,072 by year five. Five-year ROI measures 96.11% and total cumulative return in cash reaches $184,346. For financing, Ziffy Mortgage’s DSCR program evaluates $3,210/mo property income against a $2,853/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88012, Las Cruces, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,107 (100%) |
| Owner Occupied HU | 10,562 (74.9%) |
| Renter Occupied HU | 2,769 (19.6%) |
| Vacant Housing Units | 776 ( 5.5%) |
| Median Home Value | $246,284 |
| Average Home Value | $267,127 |
Housing Distribution
Address Breakdown
Residential
13,468
Single Family
12,907
Multi-Family
561
Businesses
126
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Listed by: Richard M Flores • The Palms Realty
Mls Name: SNMMLS
Mls ID: #2402237
Disclaimer: The information provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.