Roosevelt Plan, Red Hawk Estates 2Las CrucesNM88012
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: Roosevelt Plan, Red Hawk Estates 2, Las Cruces, NM, 88012 in Las Cruces at $437,990 earns $2,616/mo in rent and nets $45/mo after the $1,969/mo payment, a 7.17% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $121,009 over five years. Ziffy Mortgage underwrites this on a 1.33 DSCR without U.S. credit history. With $4,034/yr in principal paydown, total projected return reaches $168,400.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 9.2% |
| Monthly Cash Flow | $45 | $450 |
City averages based on Las Cruces market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,616 |
| Total Monthly Debt Service | $2,397 |
| DSCR Ratio | 1.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2026
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2026
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Hakes Brothers
Mls Name: Hakes Brothers
Mls Provider:
Mls ID: #N/A