2904 N Montana AveRoswellNM88201
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2904 N Montana Ave, Roswell, NM, 88201 uses $158,457 cash to close to unlock $12,695/yr annual cash flow and $1,058/mo monthly cash flow. Total monthly income runs $3,864/mo, and a $2,340/mo payment keeps the spread at $1,058/mo. Purchase price stands at $478,000, and rental yield measures 9.7% with $3,864/mo rent. Return on cash invested shows 27.92% in year one, and 5% annual appreciation builds toward $132,063 over five years. Five-year ROI reaches 145.37% and total cumulative return in cash records $230,353. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,864/mo property income covering a $2,340/mo payment rather than investor’s personal income.
Single Family
Built in 1995
0.45 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Valen Martinez • Empire Real Estate Group, LLC
Mls Name: New Mexico MLS
Mls ID: #20254746