61 N Sky LoopRoswellNM88201
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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
Rental property for sale in Roswell at 61 N Sky Loop, Roswell, NM, 88201 priced at $550,000 converts $3,780/mo rent into $552/mo cash flow after a $2,692/mo obligation. Total monthly income equals $3,780/mo, and annual cash flow totals $6,621/yr on $180,950 invested. Return on cash invested prints 23.72% in year one, and rental yield reads 8.25% against a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation compiles into $151,955 by year five. Five-year ROI reaches 122.82% and total cumulative return in cash sums $222,238. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,780/mo property income covering a $2,692/mo payment, not borrower’s personal income.
Single Family
Built in 2006
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: Deanna Ybarra • Royal Realty
Mls Name: New Mexico MLS
Mls ID: #20252642