7 Oak DrRoswellNM88203
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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 7 Oak Dr, Roswell, NM, 88203 generates $1,552/mo in rent and, after a $915/mo payment, leaves $455/mo in cash flow. Total monthly income is $1,552/mo, and annual cash flow is $5,456/yr on $61,991 invested. Return on cash invested sits at 28.71% in year one, and rental yield is 9.96% on a $187,000 entry. Equity gained on principal adds $1,207/yr, while 5% annual appreciation builds toward $51,665 over five years. Five-year ROI reaches 149.65% and total cumulative return in cash sums $92,766. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,552/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
0.26 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
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Listed by: Jesse Mcdaniel • Mcdaniel Home Solutions
Mls Name: New Mexico MLS
Mls ID: #20255984