705 Twin Diamond RdRoswellNM88201
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 705 Twin Diamond Rd, Roswell, NM, 88201 offers $1,867/mo rent that, after a $1,336/mo payment, leaves $265/mo cash flow. Total monthly income is $1,867/mo, and annual cash flow is $3,179/yr on $90,466 cash. Return on cash invested measures 23.42% in year one, and rental yield stands at 8.21% at a $272,900 entry. Equity gained on principal adds $1,761/yr while 5% annual appreciation compounds into $75,397 by year five. Five-year ROI records 121.25% and total cumulative return in cash reaches $109,692. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,867/mo property income versus a $1,336/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
0.35 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: Jessica Wilcox • Wilcox Realty
Mls Name: New Mexico MLS
Mls ID: #20256860