1 Chaparral AveAlamogordoNM88311
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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
Investment property for sale in Alamogordo at 1 Chaparral Ave, Alamogordo, NM, 88311 with 5% annual appreciation on a $385,000 basis while $0/mo rent supports operations. 33% in year one. Equity gained on principal adds $2,484/yr, and five-year appreciation sums $106,368 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $1,884/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1972
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88311, Alamogordo, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 512 (100%) |
| Owner Occupied HU | 269 (52.5%) |
| Renter Occupied HU | 144 (28.1%) |
| Vacant Housing Units | 99 (19.3%) |
| Median Home Value | $116,786 |
| Average Home Value | $119,052 |
Housing Distribution
Address Breakdown
Residential
311
Single Family
311
Multi-Family
0
Businesses
258
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No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Crystal Guthrie • Better Homes & Gardens Real Estate- Steinborn & Associates (Alamogordo)
Mls Name: OCMLS
Mls ID: #171240