diff --git a/docs/api/listings-investments.md b/docs/api/listings-investments.md
new file mode 100644
index 00000000..4ff0577f
--- /dev/null
+++ b/docs/api/listings-investments.md
@@ -0,0 +1,13 @@
+# Listing & Investment API
+
+## ListingAPI
+
+- `GET /listings?page=1&limit=10` – paginated listings. `limit` is capped at 100.
+  Response: `{ data: [...], meta: { page, limit, total, totalPages } }`
+- `GET /listings/health` – health check for the listing service (`status: ok | error`).
+- All listing endpoints use `TraceInterceptor`, so each request gets an `X-Trace-Id` response header and trace logs.
+
+## InvestmentAPI
+
+- `InvestmentsService.calculateRoi(amountInvested, currentValue)` returns profit and ROI percentage.
+- Unit tests: `src/investments/investments.service.spec.ts`.
diff --git a/src/app.module.ts b/src/app.module.ts
index 61371855..d2ea22ea 100644
--- a/src/app.module.ts
+++ b/src/app.module.ts
@@ -46,6 +46,7 @@ import { HealthModule } from './health/health.module';
 import { InvestmentsModule } from './investments/investments.module';
 // Issue #919 – Data archival strategy
 import { ArchiveModule } from './archive/archive.module';
+import { ListingsModule } from './listings/listings.module';
 // Issue #920 – Automated cleanup of expired records
 import { CleanupService } from './database/cleanup.service';
 // Issue #964 – Localized error messages with i18n
diff --git a/src/investments/investments.service.spec.ts b/src/investments/investments.service.spec.ts
new file mode 100644
index 00000000..7154324a
--- /dev/null
+++ b/src/investments/investments.service.spec.ts
@@ -0,0 +1,27 @@
+import { BadRequestException } from '@nestjs/common';
+import { InvestmentsService } from './investments.service';
+
+describe('InvestmentsService', () => {
+  let service: InvestmentsService;
+
+  beforeEach(() => {
+    service = new InvestmentsService();
+  });
+
+  it('calculates a positive ROI', () => {
+    expect(service.calculateRoi(1000, 1200)).toEqual({
+      amountInvested: 1000,
+      currentValue: 1200,
+      profit: 200,
+      roiPercent: 20,
+    });
+  });
+
+  it('calculates a negative ROI', () => {
+    expect(service.calculateRoi(1000, 800).roiPercent).toBe(-20);
+  });
+
+  it('throws when amountInvested is not positive', () => {
+    expect(() => service.calculateRoi(0, 100)).toThrow(BadRequestException);
+  });
+});
diff --git a/src/listings/listings.controller.ts b/src/listings/listings.controller.ts
new file mode 100644
index 00000000..f70b41f2
--- /dev/null
+++ b/src/listings/listings.controller.ts
@@ -0,0 +1,19 @@
+import { Controller, Get, Query, UseInterceptors } from '@nestjs/common';
+import { ListingsService } from './listings.service';
+import { TraceInterceptor } from '../tracing/trace.interceptor';
+
+@Controller('listings')
+@UseInterceptors(TraceInterceptor)
+export class ListingsController {
+  constructor(private readonly listingsService: ListingsService) {}
+
+  @Get()
+  findAll(@Query('page') page?: string, @Query('limit') limit?: string) {
+    return this.listingsService.findAll(Number(page) || 1, Number(limit) || 10);
+  }
+
+  @Get('health')
+  health() {
+    return this.listingsService.checkHealth();
+  }
+}
diff --git a/src/listings/listings.module.ts b/src/listings/listings.module.ts
new file mode 100644
index 00000000..c11a63b3
--- /dev/null
+++ b/src/listings/listings.module.ts
@@ -0,0 +1,13 @@
+import { Module } from '@nestjs/common';
+import { PrismaModule } from '../database/prisma.module';
+import { ListingsController } from './listings.controller';
+import { ListingsService } from './listings.service';
+import { TraceInterceptor } from '../tracing/trace.interceptor';
+
+@Module({
+  imports: [PrismaModule],
+  controllers: [ListingsController],
+  providers: [ListingsService, TraceInterceptor],
+  exports: [ListingsService],
+})
+export class ListingsModule {}
diff --git a/src/listings/listings.service.spec.ts b/src/listings/listings.service.spec.ts
new file mode 100644
index 00000000..86ccb020
--- /dev/null
+++ b/src/listings/listings.service.spec.ts
@@ -0,0 +1,41 @@
+import { ListingsService } from './listings.service';
+import { PrismaService } from '../database/prisma.service';
+
+describe('ListingsService', () => {
+  let service: ListingsService;
+  let prisma: any;
+
+  beforeEach(() => {
+    prisma = {
+      property: {
+        findMany: jest.fn().mockResolvedValue([{ id: 'p1' }]),
+        count: jest.fn().mockResolvedValue(25),
+      },
+    };
+    service = new ListingsService(prisma as unknown as PrismaService);
+  });
+
+  it('returns paginated listings with meta', async () => {
+    const result = await service.findAll(2, 10);
+    expect(prisma.property.findMany).toHaveBeenCalledWith(
+      expect.objectContaining({ skip: 10, take: 10 }),
+    );
+    expect(result.meta).toEqual({ page: 2, limit: 10, total: 25, totalPages: 3 });
+  });
+
+  it('caps limit at 100', async () => {
+    const result = await service.findAll(1, 500);
+    expect(result.meta.limit).toBe(100);
+  });
+
+  it('health returns ok when database is reachable', async () => {
+    const result = await service.checkHealth();
+    expect(result.status).toBe('ok');
+  });
+
+  it('health returns error when database fails', async () => {
+    prisma.property.count.mockRejectedValueOnce(new Error('db down'));
+    const result = await service.checkHealth();
+    expect(result.status).toBe('error');
+  });
+});
diff --git a/src/listings/listings.service.ts b/src/listings/listings.service.ts
new file mode 100644
index 00000000..db0b2ab9
--- /dev/null
+++ b/src/listings/listings.service.ts
@@ -0,0 +1,40 @@
+import { Injectable } from '@nestjs/common';
+import { PrismaService } from '../database/prisma.service';
+
+@Injectable()
+export class ListingsService {
+  constructor(private readonly prisma: PrismaService) {}
+
+  async findAll(page = 1, limit = 10) {
+    const safePage = Math.max(1, Number(page) || 1);
+    const safeLimit = Math.min(100, Math.max(1, Number(limit) || 10));
+
+    const [data, total] = await Promise.all([
+      this.prisma.property.findMany({
+        skip: (safePage - 1) * safeLimit,
+        take: safeLimit,
+        orderBy: { createdAt: 'desc' },
+      }),
+      this.prisma.property.count(),
+    ]);
+
+    return {
+      data,
+      meta: {
+        page: safePage,
+        limit: safeLimit,
+        total,
+        totalPages: Math.ceil(total / safeLimit),
+      },
+    };
+  }
+
+  async checkHealth() {
+    try {
+      await this.prisma.property.count();
+      return { status: 'ok', service: 'listings', timestamp: new Date().toISOString() };
+    } catch {
+      return { status: 'error', service: 'listings', timestamp: new Date().toISOString() };
+    }
+  }
+}