700 Chrysler DrRoswellNM88201
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
Rental property for sale in Roswell at 700 Chrysler Dr, Roswell, NM, 88201 priced at $374,500 pairs $2,995/mo rent with $797/mo cash flow after a $1,833/mo payment. Total monthly income equals $2,995/mo, and annual cash flow comes to $9,562/yr on $124,147 invested. Return on cash invested is 27.61% in year one, and rental yield stands at 9.6% on a $374,500 basis. Equity gained on principal adds $2,417/yr, and 5% annual appreciation accumulates to $103,467 by year five. Five-year ROI measures 143.72% and total cumulative return in cash reaches $178,430. For financing, Ziffy Mortgage’s DSCR program evaluates $2,995/mo property income against a $1,833/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1963
0.29 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Riley Armstrong • Century 21 Home Planning Roswell
Mls Name: New Mexico MLS
Mls Provider:
Mls ID: #20243936
Disclaimer: The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange (IDX) program of the New Mexico Multi-Board MLS. Real Estate listings held by brokers other than Zillow, Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.