1001 16th Hawaii #1600-1007AlamogordoNM88310
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
Investment property for sale in Alamogordo at 1001 16th Hawaii #1600-1007, Alamogordo, NM, 88310 uses $79,560 cash to close to unlock $11,256/yr annual cash flow and $938/mo monthly cash flow. Total monthly income runs $2,347/mo, and a $1,175/mo payment keeps the spread at $938/mo. Purchase price stands at $240,000, and rental yield measures 11.73% with $2,347/mo rent. Return on cash invested shows 34.06% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 178.27% and total cumulative return in cash records $141,830. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,347/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Single Family
Built in 1958
2 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88310, Alamogordo, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,175 (100%) |
| Owner Occupied HU | 10,695 (58.8%) |
| Renter Occupied HU | 5,517 (30.4%) |
| Vacant Housing Units | 1,963 (10.8%) |
| Median Home Value | $188,407 |
| Average Home Value | $235,554 |
Housing Distribution
Address Breakdown
Residential
16,748
Single Family
16,400
Multi-Family
348
Businesses
1,149
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A