969 Ivydale Dr, Las Cruces, NM, 88005 | $506/mo Cash Flow

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

Rental property for sale in Las Cruces at 969 Ivydale Dr, Las Cruces, NM, 88005 generates $2,102/mo in rent and, after a $1,331/mo payment, leaves $506/mo in cash flow. Total monthly income is $2,102/mo, and annual cash flow is $6,070/yr on $90,168 invested. Return on cash invested sits at 26.64% in year one, and rental yield is 9.27% on a $272,000 entry. Equity gained on principal adds $1,755/yr, while 5% annual appreciation builds toward $75,149 over five years. Five-year ROI reaches 138.53% and total cumulative return in cash sums $124,913. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,102/mo property income rather than buyer’s personal income.

Single Family

Built in 1998

9,147 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