8210 Dripping Springs RdLas 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
Investment property for sale in Las Cruces at 8210 Dripping Springs Rd, Las Cruces, NM, 88011 at $1,060,100 posts ROI 16.08% with from $4,996/mo rent. Total monthly income equals $4,996/mo. Return on cash invested measures 16.08% and rental yield reads 5.66% at the current $1,060,100. Equity gained on principal adds $6,841/yr, and 5% annual appreciation supports $292,886 by year five. Five-year ROI prints 81.81% and total cumulative return in cash totals $281,000. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,996/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
N/A 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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Listed by: N/A • N/A
Mls Name: BHHS broker feed
Mls ID: #2402795