21 Camino Del SurAlamogordoNM88310
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 21 Camino Del Sur, Alamogordo, NM, 88310 offers a 8.16% rental yield on a $424,700 purchase with $2,887/mo rent. Total monthly income registers $2,887/mo, and a $2,079/mo payment leaves $394/mo available for distribution. Annual cash flow reaches $4,727/yr on $140,788 to close, and return on cash invested stands at 23.27% in year one. Equity gained on principal adds $2,741/yr while 5% annual appreciation supports $117,337 over five years. Portfolio math shows five-year ROI at 120.42% and total cumulative return in cash at $169,543. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,887/mo property income against a $2,079/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
2.67 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Beth Crabbe • RE/MAX of Alamogordo, Ltd
Mls Name: OCMLS
Mls Provider:
Mls ID: #170838
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.