Mozart Plan, The MelodiesLas 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
Investment property for sale in Las Cruces at Mozart Plan, The Melodies, Las Cruces, NM, 88012 offers a 10.13% rental yield on a $264,400 purchase with $2,231/mo rent. Total monthly income registers $2,231/mo, and a $1,294/mo payment leaves $654/mo available for distribution. Annual cash flow reaches $7,851/yr on $87,649 to close, and return on cash invested stands at 28.87% in year one. Equity gained on principal adds $1,706/yr while 5% annual appreciation supports $73,049 over five years. Portfolio math shows five-year ROI at 150.62% and total cumulative return in cash at $132,019. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,231/mo property income against a $1,294/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$25 monthly 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: N/A • KT Homes
Mls Name: KT Homes
Mls ID: #N/A