1021 Luthy Cir 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
Investment property for sale in Albuquerque at 1021 Luthy Cir NE, Albuquerque, NM, 87112 earns $723/mo cash flow from $2,132/mo rent with a $1,175/mo payment. Total monthly income totals $2,132/mo, and annual cash flow totals $8,676/yr on $79,560 capital. ROI tracks 30.81% on current figures, and rental yield reads 10.66% at a $240,000 purchase. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 over five years. Five-year ROI reaches 160.91% and total cumulative return in cash sums $128,018. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,132/mo property income instead of your personal income.
Single Family
Built in 1952
7,840 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: John R Sabourin • Home Authority
Mls Name: SWMLS
Mls ID: #1090767