1020 Parsifal St NEAlbuquerqueNM87112
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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
Rental property for sale in Albuquerque at 1020 Parsifal St NE, Albuquerque, NM, 87112 offers $2,639/mo rent that, after a $1,491/mo payment, leaves $837/mo cash flow. Total monthly income is $2,639/mo, and annual cash flow is $10,046/yr on $101,008 cash. Return on cash invested measures 29.86% in year one, and rental yield stands at 10.39% at a $304,700 entry. Equity gained on principal adds $1,966/yr while 5% annual appreciation compounds into $84,183 by year five. Five-year ROI records 155.84% and total cumulative return in cash reaches $157,415. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,639/mo property income versus a $1,491/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87112, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,832 (100%) |
| Owner Occupied HU | 12,016 (60.6%) |
| Renter Occupied HU | 6,662 (33.6%) |
| Vacant Housing Units | 1,154 ( 5.8%) |
| Median Home Value | $292,317 |
| Average Home Value | $319,321 |
Housing Distribution
Address Breakdown
Residential
19,484
Single Family
17,393
Multi-Family
2,091
Businesses
1,107
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Listed by: N/A • N/A
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