For SaleGood Deal34 days on market
1213 Iowa Ave
1213 Iowa Ave, Alamogordo, NM 88310, Alamogordo, NM 88310
$199,000
Estimate®:$197,600
Listing Price
1213 Iowa Ave, Alamogordo, NM 88310
Loc: Alamogordo, NM
Days Listed
34
Tax Assessed
$93k
Estimate®
$198k
Market Rate
Lot Size
8,059 sqft
Rent Estimate
$1,813/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.
2
North Elementary School
PK-5
0.2 mi away
7
Chaparral Middle School
6-8
0.7 mi away
7
Alamogordo High School
9-12
0.8 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylesingle-storystucco exteriordesert landscapinggravel yardconcrete drivewayred front doorcovered porchsuburbanlow-pitched roofrectangular layoutminimalistresidentialfunctionalsimple
Haven AI Verdict
Recommendation
Good
Confidence Score: 7/10
Strong rental demand expected in this area (98% occupancy rate).
Turnkey property requiring minimal initial CapEx.
Cap Rate
7.44%
Total ROI
120.6%
Cash Flow
$201/mo
DSCR
1.20
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $201/mo net cash flow with a 7.4% cap rate. Underwriting indicates good fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (7.4%)
- • Strong rental demand in Alamogordo
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-21 | Price change | $199,000 | $101 |
| 2026-09-07 | Price change | $205,000 | $104 |
| 2026-08-20 | Listed for sale | $210,000 | $106 |
| 2019-11-19 | Listing removed | $84,000 | $43 |
| 2019-11-15 | Sold | $0 | – |
| 2019-04-22 | Price change | $84,000 | $43 |
| 2019-03-15 | Pending sale | $82,000 | $41 |
| 2018-12-04 | Price change | $82,000 | $41 |
| 2018-07-02 | Listed for sale | $95,000 | $48 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $791.28 | $31,007 |
| 2024 | $764.36 | $30,104 |
| 2023 | $755.36 | $29,227 |
| 2022 | $738.64 | $28,376 |
| 2021 | $748 | $28,000 |
| 2020 | $740.96 | $28,000 |
| 2019 | $772.88 | $29,042 |
| 2018 | $752.4 | $28,755 |
| 2017 | $706.6 | $28,755 |
| 2016 | $687.6 | $28,191 |
| 2015 | $0 | $27,639 |
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