1433 Discovery 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 1433 Discovery Ave, Alamogordo, NM, 88310 offers a 7.94% rental yield on a $224,900 purchase with $1,489/mo rent. Total monthly income registers $1,489/mo, and a $1,101/mo payment leaves $169/mo available for distribution. Annual cash flow reaches $2,025/yr on $74,554 to close, and return on cash invested stands at 22.62% in year one. Equity gained on principal adds $1,451/yr while 5% annual appreciation supports $62,136 over five years. Portfolio math shows five-year ROI at 117% and total cumulative return in cash at $87,229. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,489/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
7,623 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
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Listed by: Rachel Connelly • Reliance Real Estate Group of Alamogordo,LLC
Mls Name: OCMLS
Mls ID: #171734