317 Sherrill Ln UNIT 25RoswellNM88201
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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 317 Sherrill Ln UNIT 25, Roswell, NM, 88201 uses $72,930 cash to close to unlock $3,222/yr annual cash flow and $269/mo monthly cash flow. Total monthly income runs $1,560/mo, and a $1,077/mo payment keeps the spread at $269/mo. Purchase price stands at $220,000, and rental yield measures 8.51% with $1,560/mo rent. Return on cash invested shows 24.33% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 126.15% and total cumulative return in cash records $92,003. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,560/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Townhouse
Built in 1979
4,787 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: Martha Escobedo • Century 21 Home Planning Roswell
Mls Name: New Mexico MLS
Mls Provider:
Mls ID: #20253626
Disclaimer: The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange (IDX) program of the New Mexico Multi-Board MLS. Real Estate listings held by brokers other than Zillow, Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.