10801 Wasatch Rd SEAlbuquerqueNM87123
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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 10801 Wasatch Rd SE, Albuquerque, NM, 87123 generates $2,834/mo in rent, after a $2,423/mo payment. Total monthly income is $2,834/mo. Return on cash invested sits at 19.39% in year one, and rental yield is 6.87% on a $495,000 entry. Equity gained on principal adds $3,194/yr, while 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 99.62% and total cumulative return in cash sums $163,474. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,834/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87123, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,333 (100%) |
| Owner Occupied HU | 12,086 (59.4%) |
| Renter Occupied HU | 6,976 (34.3%) |
| Vacant Housing Units | 1,271 ( 6.3%) |
| Median Home Value | $298,147 |
| Average Home Value | $308,019 |
Housing Distribution
Address Breakdown
Residential
19,175
Single Family
16,887
Multi-Family
2,288
Businesses
801
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Listed by: The Venegas Group • Keller Williams Realty
Mls Name: SWMLS
Mls ID: #1093950