OFF_MARKETExcellent Deal31 days on market

1431 Melanie Ln

1431 Melanie Ln, Alamogordo, NM 88310, Alamogordo, NM 88310
$450,000
Zestimate®:$433,400

Listing Price

Property image 1
1431 Melanie Ln, Alamogordo, NM 88310
Loc: Alamogordo, NM
Days Listed
31
Tax Assessed
$225k
Zestimate®
$433k
Market Rate
Lot Size
1.48 acres
Rent Estimate
$2,354/mo
Est. Cash Flow base
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.

4

Sunset Hills Elementary

K-5
1.3 mi away
7

Chaparral Middle School

6-8
1.5 mi away
7

Alamogordo High School

9-12
2.2 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
7.77%
Total ROI
28.5%
Cash Flow
$640/mo
DSCR
1.28
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-08Listing removed$450,000$136
2026-06-08Listed for sale$450,000$136

Tax History

YearProperty TaxTax Assessment
2025$1,401.96$75,003
2024$1,354.72$72,819
2023$1,337.48$70,698
2022$1,303.4$68,639
2021$1,343.52$68,602
2020$1,340.68$68,602
2019$1,316.68$67,257
2018$1,281.84$66,592
2017$1,158.12$65,286
2016$1,124$64,006
2015$0$62,751
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
3
Sq Ft
3,316
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: $450,000Rent Basis: Observed Comp Model ($2,354/mo)State Tax Benchmark: 0.8% (NM)Hazard Reserve: $131/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.08%

NOI: $18,379/yr

Cash-on-Cash Yield
-9.3%

On $103,500 invested

DSCR Ratio
0.66x

Negative debt coverage

5-Yr Leveraged ROI
+47.6%

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)-$150/mo
Homeowner / Hazard Insurance-$131/mo
Vacancy Reserve (5% of rent)-$118/mo
Repairs & Maintenance (10% of rent)-$235/mo
Property Management (8% of rent)-$188/mo
Total Pure Operating Expenses-$822/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,354/mo
Less: Operating Expenses-$822/mo
Net Operating Income (NOI)+$1,532/mo
Less: Debt Service (30yr @ 6.75%)-$2,335/mo
Net Cash Flow
$-803/mo
$-9,641/year
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