1116 N Atkinson AveRoswellNM88201
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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
Rental property for sale in Roswell at 1116 N Atkinson Ave, Roswell, NM, 88201 generates $2,197/mo in rent and, after a $890/mo payment, leaves $1,130/mo in cash flow. Total monthly income is $2,197/mo, and annual cash flow is $13,556/yr on $60,300 invested. Return on cash invested sits at 42.39% in year one, and rental yield is 14.49% on a $181,900 entry. Equity gained on principal adds $1,174/yr, while 5% annual appreciation builds toward $50,256 over five years. Five-year ROI reaches 222.99% and total cumulative return in cash sums $134,461. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,197/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
9,443 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88201, Roswell, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,560 (100%) |
| Owner Occupied HU | 7,342 (63.5%) |
| Renter Occupied HU | 2,886 (25.0%) |
| Vacant Housing Units | 1,332 (11.5%) |
| Median Home Value | $228,408 |
| Average Home Value | $285,709 |
Housing Distribution
Address Breakdown
Residential
10,479
Single Family
9,805
Multi-Family
674
Businesses
1,079
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