403 Viale BondRoswellNM88201
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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
Rental property for sale in Roswell at 403 Viale Bond, Roswell, NM, 88201 offers $1,657/mo rent that, after a $1,571/mo payment. Total monthly income is $1,657/mo. Return on cash invested measures 17.35% in year one, and rental yield stands at 6.19% at a $321,000 entry. Equity gained on principal adds $2,071/yr while 5% annual appreciation compounds into $88,686 by year five. Five-year ROI records 88.73% and total cumulative return in cash reaches $94,421. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,657/mo property income versus a $1,571/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2007
7,204 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: Kasandra Geeslin • Berkshire Hathaway Home Services Enchanted Lands - Roswell
Mls Name: New Mexico MLS
Mls ID: #20256474