412 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 412 S Pine Ave, Roswell, NM, 88203 listed at $138,000 pairs $1,099/mo rent with a $675/mo payment to leave $289/mo cash flow. Total monthly income runs $1,099/mo, and annual cash flow reaches $3,473/yr on $45,747 cash to close. Return on cash invested measures 27.5% in year one, and rental yield registers 9.56% at a $138,000 basis. Equity gained on principal adds $890/yr, and annual property appreciation at 5% supports $38,127 by year five. Five-year ROI tracks 143.16% and total cumulative return in cash totals $65,490. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,099/mo property income relative to a $675/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1961
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: Monica Rodriguez-Hudson • Mrh Realty
Mls Name: New Mexico MLS
Mls ID: #20256067