2611 N Kentucky Ave APT 109RoswellNM88201
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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 2611 N Kentucky Ave APT 109, Roswell, NM, 88201 listed at $379,000 pairs $3,562/mo rent with a $1,855/mo payment to leave $1,337/mo cash flow. Total monthly income runs $3,562/mo, and annual cash flow reaches $16,050/yr on $125,639 cash to close. Return on cash invested measures 32.68% in year one, and rental yield registers 11.28% at a $379,000 basis. Equity gained on principal adds $2,446/yr, and annual property appreciation at 5% supports $104,711 by year five. Five-year ROI tracks 170.94% and total cumulative return in cash totals $214,763. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,562/mo property income relative to a $1,855/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1984
4,830 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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Listed by: Jen Wilcox • Wilcox Realty
Mls Name: New Mexico MLS
Mls ID: #20255080