2816 Encanto DrRoswellNM88201
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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 2816 Encanto Dr, Roswell, NM, 88201 earns $1,321/mo cash flow from $2,465/mo rent with a $954/mo payment. Total monthly income totals $2,465/mo, and annual cash flow totals $15,850/yr on $64,643 capital. ROI tracks 44.43% on current figures, and rental yield reads 15.17% at a $195,000 purchase. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 over five years. Five-year ROI reaches 233.92% and total cumulative return in cash sums $151,210. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,465/mo property income instead of your personal income.
Single Family
Built in 1960
6,507 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: Brandon Bullard • Re/Max First Place Realtors Roswell
Mls Name: New Mexico MLS
Mls ID: #20254859