1190 Ridgetop Ave
Asset Issuer
Lofty AI
Asset Platform
Lofty AI
Asset Name
1190 Ridgetop Ave
Asset Class
Real Estate
Asset Type
Residential Real Estate
Asset Abbreviation
1190 RA
Asset Fraction Price
$ 38.71
Asset Fraction Yield
18.73%
Asset Fraction Maturity
N/A
Min. Investment Size
$ 38.71
Asset Fraction Sale End Date
Asset
Valuation
$ 295,200
Category
Description
1190 Ridgetop Ave in Las Cruces, New Mexico (ZIP 88001) is a single-family home that is typically offered as a Lofty.ai fractional real-estate investment. The property was built around 1950 and sits on a ~9,200 sq ft lot in the heart of Las Cruces. It features 3 bedrooms and 1.5 bathrooms, providing a traditional residential layout suitable for long-term renting or value-add improvements. The home was previously sold in 2024 for around $109,000, and its size of approx 1,680 sq ft makes it a solid candidate for rental income in the local market. The neighborhood includes schools like Hermosa Heights Elementary, Lynn Middle, and Las Cruces High School within a short distance, and comparable rents in the area suggest a potential cash-flow opportunity for investors.
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