3103 Onate RdRoswellNM88201
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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 3103 Onate Rd, Roswell, NM, 88201 uses $183,911 cash to close to unlock $5,988/yr annual cash flow and $499/mo monthly cash flow. Total monthly income runs $3,780/mo, and a $2,736/mo payment keeps the spread at $499/mo. Purchase price stands at $559,000, and rental yield measures 8.11% with $3,780/mo rent. Return on cash invested shows 23.32% in year one, and 5% annual appreciation builds toward $154,441 over five years. Five-year ROI reaches 120.65% and total cumulative return in cash records $221,883. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,780/mo property income covering a $2,736/mo payment rather than investor’s personal income.
Single Family
Built in 2006
0.35 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
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Listed by: Neal Leven • Berkshire Hathaway Home Services Enchanted Lands - Roswell
Mls Name: New Mexico MLS
Mls ID: #20256079