2906 Alhambra DrRoswellNM88201
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
Rental property for sale in Roswell at 2906 Alhambra Dr, Roswell, NM, 88201 generates $1,762/mo in rent and, after a $1,088/mo payment, leaves $408/mo in cash flow. Total monthly income is $1,762/mo, and annual cash flow is $4,897/yr on $73,660 invested. Return on cash invested sits at 26.56% in year one, and rental yield is 9.52% on a $222,203 entry. Equity gained on principal adds $1,434/yr, while 5% annual appreciation builds toward $61,391 over five years. Five-year ROI reaches 138.43% and total cumulative return in cash sums $101,971. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,762/mo property income rather than buyer’s personal income.
Multi Family
Built in 1980
3,267 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A