10800 Carmel Ave NEAlbuquerqueNM87122
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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 10800 Carmel Ave NE, Albuquerque, NM, 87122 offers a 9.32% rental yield on a $455,800 purchase with $3,540/mo rent. Total monthly income registers $3,540/mo, and a $2,231/mo payment leaves $865/mo available for distribution. Annual cash flow reaches $10,375/yr on $151,098 to close, and return on cash invested stands at 26.78% in year one. Equity gained on principal adds $2,941/yr while 5% annual appreciation supports $125,929 over five years. Portfolio math shows five-year ROI at 139.25% and total cumulative return in cash at $210,399. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,540/mo property income against a $2,231/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87122, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,002 (100%) |
| Owner Occupied HU | 6,624 (82.8%) |
| Renter Occupied HU | 986 (12.3%) |
| Vacant Housing Units | 392 ( 4.9%) |
| Median Home Value | $601,657 |
| Average Home Value | $645,258 |
Housing Distribution
Address Breakdown
Residential
7,271
Single Family
7,112
Multi-Family
159
Businesses
166
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Listed by: Dana Rowell • Realhome Services & Solutions
Mls Name: New Mexico MLS
Mls ID: #20257163