FOR_SALEExcellent Deal9 days on market

603 Adams Ave

603 Adams Ave, Alamogordo, NM 88310, Alamogordo, NM 88310
$184,500

Listing Price

Property image 1
603 Adams Ave, Alamogordo, NM 88310
Loc: Alamogordo, NM
Days Listed
9
Tax Assessed
$102k
Lot Size
7,710 sqft
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

5

Yucca Elementary School

PK-5
0.3 mi away
5

Mountain View Middle School

6-8
0.9 mi away
7

Alamogordo High School

9-12
0.6 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
7.32%
Total ROI
26.3%
Cash Flow
$193/mo
DSCR
1.21
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-02Price change$184,500$104
2026-08-04Price change$199,900$113
2026-07-22Price change$210,000$119
2026-06-29Listed for sale$215,000$121

Tax History

YearProperty TaxTax Assessment
2025$871.2$34,139
2024$841.6$33,145
2023$728.28$32,180
2022$709.12$31,243
2021$722.4$31,161
2020$715.56$31,161
2019$703.76$30,550
2018$683.84$30,247
2017$627.48$29,655
2016$560.08$29,073
2015$0$28,503
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,771
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $184,500Rent Basis: Modeled Estimate ($1,476/mo)State Tax Benchmark: 0.8% (NM)Hazard Reserve: $100/mo
Haven ScoreNeutral
4/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
6.30%

NOI: $11,619/yr

Cash-on-Cash Yield
0.3%

On $42,435 invested

DSCR Ratio
1.01x

Tight qualification

5-Yr Leveraged ROI
+95.7%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.8% of basis)-$68/mo
Homeowner / Hazard Insurance-$100/mo
Vacancy Reserve (5% of rent)-$74/mo
Repairs & Maintenance (10% of rent)-$148/mo
Property Management (8% of rent)-$118/mo
Total Pure Operating Expenses-$508/mo
Net Investor Cash Flow
Gross Scheduled Rent+$1,476/mo
Less: Operating Expenses-$508/mo
Net Operating Income (NOI)+$968/mo
Less: Debt Service (30yr @ 6.75%)-$957/mo
Net Cash Flow
$11/mo
$131/year
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