424 Casa De SuenosAlamogordoNM88310
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
Rental property for sale in Alamogordo at 424 Casa De Suenos, Alamogordo, NM, 88310 offers $2,666/mo rent that, after a $2,416/mo payment. Total monthly income is $2,666/mo. Return on cash invested measures 17.97% in year one, and rental yield stands at 6.48% at a $493,600 entry. Equity gained on principal adds $3,185/yr while 5% annual appreciation compounds into $136,373 by year five. Five-year ROI records 92.15% and total cumulative return in cash reaches $150,782. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,666/mo property income versus a $2,416/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
10,411 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A