2116 W 1st StRoswellNM88203
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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 2116 W 1st St, Roswell, NM, 88203 listed at $129,500 pairs $1,271/mo rent with a $634/mo payment to leave $511/mo cash flow. Total monthly income runs $1,271/mo, and annual cash flow reaches $6,129/yr on $42,929 cash to close. Return on cash invested measures 34.19% in year one, and rental yield registers 11.78% at a $129,500 basis. Equity gained on principal adds $836/yr, and annual property appreciation at 5% supports $35,778 by year five. Five-year ROI tracks 179.01% and total cumulative return in cash totals $76,850. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,271/mo property income relative to a $634/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1954
5,702 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88203, Roswell, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,006 (100%) |
| Owner Occupied HU | 6,846 (57.0%) |
| Renter Occupied HU | 3,724 (31.0%) |
| Vacant Housing Units | 1,436 (12.0%) |
| Median Home Value | $119,455 |
| Average Home Value | $152,297 |
Housing Distribution
Address Breakdown
Residential
10,991
Single Family
10,273
Multi-Family
718
Businesses
646
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Listed by: Alex Pankey • Berkshire Hathaway Home Services Enchanted Lands - Roswell
Mls Name: New Mexico MLS
Mls ID: #20256401