2344 Sierra Vista 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 2344 Sierra Vista Ct, Alamogordo, NM, 88310 listed at $225,500 pairs $1,812/mo rent with a $1,104/mo payment to leave $488/mo cash flow. Total monthly income runs $1,812/mo, and annual cash flow reaches $5,858/yr on $74,753 cash to close. Return on cash invested measures 27.75% in year one, and rental yield registers 9.64% at a $225,500 basis. Equity gained on principal adds $1,455/yr, and annual property appreciation at 5% supports $62,301 by year five. Five-year ROI tracks 144.49% and total cumulative return in cash totals $108,010. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,812/mo property income relative to a $1,104/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
9,408 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: Theresa Nelson • Coldwell Banker Sudderth Nelson
Mls Name: OCMLS
Mls Provider:
Mls ID: #171156
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.