OFF_MARKETRisky Deal23 days on market

2425 Calle De Santiago

2425 Calle De Santiago, Las Cruces, NM 88046, Las Cruces, NM 88046
$470,000
Zestimate®:$387,500

Listing Price

Property image 1
2425 Calle De Santiago, Las Cruces, NM 88046
Loc: Las Cruces, NM
Days Listed
23
Tax Assessed
$218k
Zestimate®
$388k
Market Rate
Lot Size
10,019 sqft
Rent Estimate
$2,471/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

5

Mesilla Elementary School

PK-5
0.3 mi away
6

Zia Middle School

6-8
0.9 mi away
6

Las Cruces High School

9-12
2.2 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
4.14%
Total ROI
48.8%
Cash Flow
$-818/mo
DSCR
0.66
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-06-23Price change$399,000$159
2026-04-16Price change$449,000$179
2026-03-19Price change$460,000$183
2026-02-13Listed for sale$470,000$187
2025-12-25Listing removed$499,999$199
2025-10-16Price change$499,999$199
2025-09-19Price change$524,900$209
2025-09-05Listed for sale$539,500$215

Tax History

YearProperty TaxTax Assessment
2025$1,745.32$72,525
2024$1,702.88$70,413
2023$1,672.04$68,362
2022$1,651.8$66,371
2021$1,595.36$64,438
2020$1,558.12$62,561
2019$1,411.16$62,562
2018$1,358.16$60,740
2017$1,358.16$58,971
2016$1,286.8$57,253
2015$1,266.12$166,757
2014$613.38$161,900
2013$1,129.43$161,893
2012$1,129.43$156,876
2011$1,074.75$152,600
2010$1,055.08$152,648
2009$962.08$148,202
2008$962.08$143,885
2007$925.79$139,693
2005$894.2$135,625
2004$879.7$127,828
2003$714.27$127,828
2002$737.86$105,100
2001$737.86$105,100
2000$790.84$113,900
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
3
Sq Ft
2,508
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $470,000Rent Basis: Observed Comp Model ($2,471/mo)State Tax Benchmark: 0.8% (NM)Hazard Reserve: $137/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.14%

NOI: $19,447/yr

Cash-on-Cash Yield
-9.1%

On $108,100 invested

DSCR Ratio
0.66x

Negative debt coverage

5-Yr Leveraged ROI
+48.8%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.8% of basis)-$145/mo
Homeowner / Hazard Insurance-$137/mo
Vacancy Reserve (5% of rent)-$124/mo
Repairs & Maintenance (10% of rent)-$247/mo
Property Management (8% of rent)-$198/mo
Total Pure Operating Expenses-$850/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,471/mo
Less: Operating Expenses-$850/mo
Net Operating Income (NOI)+$1,621/mo
Less: Debt Service (30yr @ 6.75%)-$2,439/mo
Net Cash Flow
$-818/mo
$-9,817/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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