2140 Cielo Grande CtAlamogordoNM88310
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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 2140 Cielo Grande Ct, Alamogordo, NM, 88310 offers a 6.44% rental yield on a $487,997 purchase with $2,620/mo rent. 09% in year one. Equity gained on principal adds $3,149/yr while 5% annual appreciation supports $134,825 over five years. Portfolio math shows five-year ROI at 92.71% and total cumulative return in cash at $149,983. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,620/mo property income against a $2,389/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
0.34 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: Brannon D Jordan • AMAR Real Estate Group
Mls Name: SNMMLS
Mls ID: #2503347