1309 Hawaii AveAlamogordoNM88310
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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 1309 Hawaii Ave, Alamogordo, NM, 88310 listed at $155,000 pairs $1,206/mo rent with a $759/mo payment to leave $296/mo cash flow. Total monthly income runs $1,206/mo, and annual cash flow reaches $3,551/yr on $51,383 cash to close. Return on cash invested measures 26.82% in year one, and rental yield registers 9.34% at a $155,000 basis. Equity gained on principal adds $1,000/yr, and annual property appreciation at 5% supports $42,824 by year five. Five-year ROI tracks 139.48% and total cumulative return in cash totals $71,668. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,206/mo property income relative to a $759/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1963
0.37 Acres 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
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Listed by: Jay Lockwood • Better Homes & Gardens Real Estate- Steinborn & Associates (Alamogordo)
Mls Name: OCMLS
Mls Provider:
Mls ID: #170855
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.