600 Boyce AveAlamogordoNM88310
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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 600 Boyce Ave, Alamogordo, NM, 88310 at $182,500 posts ROI 34.37% with $729/mo cash flow from $1,800/mo rent. Total monthly income equals $1,800/mo, and annual cash flow records $8,749/yr on $60,499 to close. Return on cash invested measures 34.37% and rental yield reads 11.84% at the current $182,500. Equity gained on principal adds $1,178/yr, and 5% annual appreciation supports $50,421 by year five. Five-year ROI prints 180.06% and total cumulative return in cash totals $108,934.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,800/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1958
8,015 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: Erica Martinez • Coldwell Banker Sudderth Nelson
Mls Name: OCMLS
Mls ID: #171477