407 S Chamisal AveRoswellNM88203
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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 407 S Chamisal Ave, Roswell, NM, 88203 with 5% annual appreciation on a $145,000 basis while $1,156/mo rent supports operations. Total monthly income totals $1,156/mo and a $710/mo payment preserves $305/mo for cash returns. Annual cash flow comes to $3,655/yr on $48,068 deployed, and return on cash invested reaches 27.51% in year one. Equity gained on principal adds $936/yr, and five-year appreciation sums $40,061 alongside rental yield of 9.57%. Five-year ROI measures 143.24% and total cumulative return in cash totals $68,852.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,156/mo property income versus a $710/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1963
5,998 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
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Listed by: Dan Coleman • Berkshire Hathaway Home Services Enchanted Lands - Roswell
Mls Name: New Mexico MLS
Mls ID: #20254130