406 N Mulberry AveRoswellNM88201
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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 406 N Mulberry Ave, Roswell, NM, 88201 offers a 18.01% rental yield on a $139,881 purchase with $2,099/mo rent. Total monthly income registers $2,099/mo, and a $685/mo payment leaves $1,247/mo available for distribution. Annual cash flow reaches $14,959/yr on $46,371 to close, and return on cash invested stands at 52.17% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,647 over five years. Portfolio math shows five-year ROI at 275.75% and total cumulative return in cash at $127,869. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,099/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
10,497 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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