1003-1021 6th St NWAlbuquerqueNM87102
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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
Investment property for sale in Albuquerque at 1003-1021 6th St NW, Albuquerque, NM, 87102 earns from $2,760/mo rent with a $5,090/mo payment. Total monthly income totals $2,760/mo. ROI tracks 8.46% on current figures, and rental yield reads 3.18% at a $1,040,000 purchase. Equity gained on principal adds $6,711/yr, and 5% annual appreciation supports $287,333 over five years. Five-year ROI reaches 40.92% and total cumulative return in cash sums $137,890. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,760/mo property income instead of your personal income.
Multi Family
Built in 1946
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87102, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,639 (100%) |
| Owner Occupied HU | 3,796 (32.6%) |
| Renter Occupied HU | 6,413 (55.1%) |
| Vacant Housing Units | 1,430 (12.3%) |
| Median Home Value | $312,293 |
| Average Home Value | $339,998 |
Housing Distribution
Address Breakdown
Residential
10,540
Single Family
7,938
Multi-Family
2,602
Businesses
1,856
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Listed by: Mark Boitano • RE/MAX SELECT
Mls Name: SWMLS
Mls ID: #1090344