402 S Pine AveRoswellNM88203
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 402 S Pine Ave, Roswell, NM, 88203 earns $192/mo cash flow from $784/mo rent with a $494/mo payment. Total monthly income totals $784/mo, and annual cash flow totals $2,298/yr on $33,482 capital. ROI tracks 26.77% on current figures, and rental yield reads 9.31% at a $101,000 purchase. Equity gained on principal adds $652/yr, and 5% annual appreciation supports $27,904 over five years. Five-year ROI reaches 139.29% and total cumulative return in cash sums $46,638. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $784/mo property income instead of your personal income.
Single Family
Built in 1954
7,980 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88203, Roswell, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,006 (100%) |
| Owner Occupied HU | 6,846 (57.0%) |
| Renter Occupied HU | 3,724 (31.0%) |
| Vacant Housing Units | 1,436 (12.0%) |
| Median Home Value | $119,455 |
| Average Home Value | $152,297 |
Housing Distribution
Address Breakdown
Residential
10,991
Single Family
10,273
Multi-Family
718
Businesses
646
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jim Moore • Century 21 Home Planning Roswell
Mls Name: New Mexico MLS
Mls Provider:
Mls ID: #20244217
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.