10 Cholla 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 10 Cholla Ave, Alamogordo, NM, 88311 offers a 9.11% rental yield on a $108,000 purchase with $820/mo rent. Total monthly income registers $820/mo, and a $529/mo payment leaves $186/mo available for distribution. Annual cash flow reaches $2,228/yr on $35,802 to close, and return on cash invested stands at 26.13% in year one. Equity gained on principal adds $697/yr while 5% annual appreciation supports $29,838 over five years. Portfolio math shows five-year ROI at 135.83% and total cumulative return in cash at $48,632. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $820/mo property income against a $529/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2006
0.28 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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Listed by: Montana Paxton • Coldwell Banker Sudderth Nelson
Mls Name: OCMLS
Mls Provider:
Mls ID: #171163
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.