411 S Missouri 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 411 S Missouri Ave, Roswell, NM, 88203 offers a 7.23% rental yield on a $239,000 purchase with $1,440/mo rent. Total monthly income registers $1,440/mo, and a $1,170/mo payment leaves $37/mo available for distribution. Annual cash flow reaches $444/yr on $79,229 to close, and return on cash invested stands at 20.47% in year one. Equity gained on principal adds $1,542/yr while 5% annual appreciation supports $66,031 over five years. Portfolio math shows five-year ROI at 105.42% and total cumulative return in cash at $83,520. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,440/mo property income against a $1,170/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.28 Acres 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: Genalyn Outland • Berkshire Hathaway Home Services Enchanted Lands - Roswell
Mls Name: New Mexico MLS
Mls ID: #20256529