94 Mira Vista LoopAlamogordoNM88310
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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 94 Mira Vista Loop, Alamogordo, NM, 88310 priced at $265,000 pairs $1,878/mo rent with $323/mo cash flow after a $1,297/mo payment. Total monthly income equals $1,878/mo, and annual cash flow comes to $3,871/yr on $87,848 invested. Return on cash invested is 24.32% in year one, and rental yield stands at 8.5% on a $265,000 basis. Equity gained on principal adds $1,710/yr, and 5% annual appreciation accumulates to $73,215 by year five. Five-year ROI measures 126.07% and total cumulative return in cash reaches $110,751. For financing, Ziffy Mortgage’s DSCR program evaluates $1,878/mo property income against a $1,297/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2024
2.24 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: Jaylen Garland • Garland Real Estate
Mls Name: OCMLS
Mls Provider:
Mls ID: #170821
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.