OFF_MARKETRisky Deal19 days on market

2784 Birdie Loop

2784 Birdie Loop, Alamogordo, NM 88310, Alamogordo, NM 88310
$374,500
Zestimate®:$368,000

Listing Price

Property image 1
2784 Birdie Loop, Alamogordo, NM 88310
Loc: Alamogordo, NM
Days Listed
19
Tax Assessed
$241k
Zestimate®
$368k
Market Rate
Lot Size
9,409 sqft
Rent Estimate
$2,003/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.

5

Yucca Elementary School

PK-5
2.8 mi away
5

Mountain View Middle School

6-8
2.2 mi away
7

Alamogordo High School

9-12
2.7 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
Risky
Confidence Score: 3/10
Exercise caution due to potential market volatility.
Cap Rate
4.68%
Total ROI
13.1%
Cash Flow
$-432/mo
DSCR
0.77
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Checking Access...

Haven AI

At $374,500 for a 2,186 square foot single-family home in Alamogordo, NM, this property presents a concerning financial profile for conservative investors. The most alarming metric is the negative monthly cash flow of -$431.99/mo, which immediately erodes liquidity and demands ongoing out-of-pocket capital injections from the investor. While a 4% expected appreciation offers some long-term upside, relying strictly on future appreciation to offset current operational losses is speculative and contradicts sound cash-flow fundamentals. Furthermore, the 4.68% rental yield is low relative to prevailing debt and maintenance costs. Until market rents rise significantly or the purchase price is adjusted downward, this investment carries an unacceptably high risk profile.

Strengths
  • Spacious 3-bedroom, 2-bathroom layout with over 2,100 square feet of living space
  • Steady historical appreciation trends expected in the regional market at 4% annually
Considerations
  • Severe negative monthly cash flow of -$431.99 per month draining investor liquidity
  • Sub-5% rental yield fails to cover debt service and operating expenses adequately
  • High acquisition price relative to local rental income potential in Alamogordo, NM
Checking Access...

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-06-19Listed for sale$374,500$171
2026-04-02Listing removed$374,500$171
2026-03-23Listed for sale$374,500$171
2019-02-28Sold$0
2018-09-26Price change$240,000$110
2018-05-18Listed for sale$236,900$108

Tax History

YearProperty TaxTax Assessment
2025$2,066.56$80,338
2024$1,997.72$78,061
2023$1,924.32$75,850
2022$1,882$73,704
2021$1,867.24$71,620
2020$1,849.88$71,620
2019$1,979.08$74,066
2018$1,927.16$73,333
2017$2,189.32$88,816
2016$2,130.4$87,075
2015$0$85,368
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
2,186
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: $374,500Rent Basis: Observed Comp Model ($2,003/mo)State Tax Benchmark: 0.8% (NM)Hazard Reserve: $109/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.08%

NOI: $15,272/yr

Cash-on-Cash Yield
-9.3%

On $86,135 invested

DSCR Ratio
0.65x

Negative debt coverage

5-Yr Leveraged ROI
+47.5%

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)-$161/mo
Homeowner / Hazard Insurance-$109/mo
Vacancy Reserve (5% of rent)-$100/mo
Repairs & Maintenance (10% of rent)-$200/mo
Property Management (8% of rent)-$160/mo
Total Pure Operating Expenses-$730/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,003/mo
Less: Operating Expenses-$730/mo
Net Operating Income (NOI)+$1,273/mo
Less: Debt Service (30yr @ 6.75%)-$1,943/mo
Net Cash Flow
$-671/mo
$-8,047/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

Similar Properties Nearby

Explore other investment opportunities in Alamogordo.