10342 Oso Redondo NEAlbuquerqueNM87111
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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 10342 Oso Redondo NE, Albuquerque, NM, 87111 offers a 7.91% rental yield on a $349,990 purchase with $2,306/mo rent. Total monthly income registers $2,306/mo, and a $1,713/mo payment leaves $252/mo available for distribution. Annual cash flow reaches $3,021/yr on $116,022 to close, and return on cash invested stands at 22.51% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,696 over five years. Portfolio math shows five-year ROI at 116.39% and total cumulative return in cash at $135,035. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,306/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87111, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,513 (100%) |
| Owner Occupied HU | 16,132 (58.6%) |
| Renter Occupied HU | 9,845 (35.8%) |
| Vacant Housing Units | 1,536 ( 5.6%) |
| Median Home Value | $375,734 |
| Average Home Value | $435,651 |
Housing Distribution
Address Breakdown
Residential
26,915
Single Family
20,268
Multi-Family
6,647
Businesses
895
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Listed by: Stefani Michelle Jones • Red Fox Realty
Mls Name: SWMLS
Mls ID: #1093589