406 Sacramento StAlamogordoNM88310
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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
Rental property for sale in Alamogordo at 406 Sacramento St, Alamogordo, NM, 88310 priced at $185,000 pairs $1,765/mo rent with $680/mo cash flow after a $905/mo payment. Total monthly income equals $1,765/mo, and annual cash flow comes to $8,156/yr on $61,328 invested. Return on cash invested is 33.21% in year one, and rental yield stands at 11.45% on a $185,000 basis. Equity gained on principal adds $1,194/yr, and 5% annual appreciation accumulates to $51,112 by year five. Five-year ROI measures 173.76% and total cumulative return in cash reaches $106,563. For financing, Ziffy Mortgage’s DSCR program evaluates $1,765/mo property income against a $905/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
0.50 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: J2 Team Jake Roberts & Jessica Cole • RE/MAX of Alamogordo, Ltd
Mls Name: OCMLS
Mls ID: #172042