38 Ironwood PlRoswellNM88201
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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 38 Ironwood Pl, Roswell, NM, 88201 with 5% annual appreciation on a $299,989 basis while $3,100/mo rent supports operations. Total monthly income totals $3,100/mo and a $1,468/mo payment preserves $1,340/mo for cash returns. Annual cash flow comes to $16,074/yr on $99,446 deployed, and return on cash invested reaches 36.07% in year one. Equity gained on principal adds $1,936/yr, and five-year appreciation sums $82,881 alongside rental yield of 12.4%. Five-year ROI measures 189.11% and total cumulative return in cash totals $188,060.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,100/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2020
8,799 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: Jen Wilcox • Wilcox Realty
Mls Name: New Mexico MLS
Mls ID: #20253213