1708 W 3rd StRoswellNM88201
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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 Roswell at 1708 W 3rd St, Roswell, NM, 88201 listed at $255,000 pairs $1,760/mo rent with a $1,248/mo payment to leave $263/mo cash flow. Total monthly income runs $1,760/mo, and annual cash flow reaches $3,160/yr on $84,533 cash to close. Return on cash invested measures 23.65% in year one, and rental yield registers 8.28% at a $255,000 basis. Equity gained on principal adds $1,645/yr, and annual property appreciation at 5% supports $70,452 by year five. Five-year ROI tracks 122.5% and total cumulative return in cash totals $103,556. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,760/mo property income relative to a $1,248/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
0.30 Acres 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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Listed by: Alicia Gilmore • Keller Williams Roswell
Mls Name: New Mexico MLS
Mls ID: #20254139