790 S Roosevelt Rd S #BPortalesNM88130
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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 Portales at 790 S Roosevelt Rd S #B, Portales, NM, 88130 priced at $169,000 pairs $1,308/mo rent with $316/mo cash flow after a $827/mo payment. Total monthly income equals $1,308/mo, and annual cash flow comes to $3,795/yr on $56,024 invested. Return on cash invested is 26.68% in year one, and rental yield stands at 9.29% on a $169,000 basis. Equity gained on principal adds $1,091/yr, and 5% annual appreciation accumulates to $46,692 by year five. Five-year ROI measures 138.81% and total cumulative return in cash reaches $77,767. For financing, Ziffy Mortgage’s DSCR program evaluates $1,308/mo property income against a $827/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2005
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88130, Portales, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,929 (100%) |
| Owner Occupied HU | 4,003 (50.5%) |
| Renter Occupied HU | 2,710 (34.2%) |
| Vacant Housing Units | 1,216 (15.3%) |
| Median Home Value | $158,948 |
| Average Home Value | $196,922 |
Housing Distribution
Address Breakdown
Residential
6,832
Single Family
6,695
Multi-Family
137
Businesses
473
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Listed by: Beatrice Montanez • Your 1st Choice 4 Realty
Mls Name: New Mexico MLS
Mls ID: #20256339