10617 Pastime Ave NWAlbuquerqueNM87114
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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 10617 Pastime Ave NW, Albuquerque, NM, 87114 offers a 8.58% rental yield on a $395,000 purchase with $2,824/mo rent. Total monthly income registers $2,824/mo, and a $1,933/mo payment leaves $506/mo available for distribution. Annual cash flow reaches $6,071/yr on $130,943 to close, and return on cash invested stands at 24.55% in year one. Equity gained on principal adds $2,549/yr while 5% annual appreciation supports $109,131 over five years. Portfolio math shows five-year ROI at 127.28% and total cumulative return in cash at $166,662. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,824/mo property income against a $1,933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87114, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,491 (100%) |
| Owner Occupied HU | 18,953 (66.5%) |
| Renter Occupied HU | 8,350 (29.3%) |
| Vacant Housing Units | 1,188 ( 4.2%) |
| Median Home Value | $338,633 |
| Average Home Value | $367,999 |
Housing Distribution
Address Breakdown
Residential
27,694
Single Family
23,313
Multi-Family
4,381
Businesses
1,030
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Listed by: Jared Andrew English • Congress Realty, Inc
Mls Name: SWMLS
Mls ID: #1095006