505 N Mission Arch DrRoswellNM88201
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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 505 N Mission Arch Dr, Roswell, NM, 88201 uses $80,223 cash to close to unlock $7,441/yr annual cash flow and $620/mo monthly cash flow. Total monthly income runs $2,040/mo, and a $1,184/mo payment keeps the spread at $620/mo. Purchase price stands at $242,000, and rental yield measures 10.12% with $2,040/mo rent. Return on cash invested shows 29.18% in year one, and 5% annual appreciation builds toward $66,860 over five years. Five-year ROI reaches 152.21% and total cumulative return in cash records $122,106. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,040/mo property income covering a $1,184/mo payment rather than investor’s personal income.
Single Family
Built in 1984
N/A 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: N/A • Enchanted Lands, REALTORS
Mls Name: BHHS broker feed
Mls ID: #20252414