109 La Plata Rd NWAlbuquerqueNM87107
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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 109 La Plata Rd NW, Albuquerque, NM, 87107 priced at $405,000 converts $2,969/mo rent into $592/mo cash flow after a $1,982/mo obligation. Total monthly income equals $2,969/mo, and annual cash flow totals $7,105/yr on $134,258 invested. Return on cash invested prints 25.2% in year one, and rental yield reads 8.8% against a $405,000 entry. Equity gained on principal adds $2,613/yr, while 5% annual appreciation compiles into $111,894 by year five. Five-year ROI reaches 130.83% and total cumulative return in cash sums $175,646. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,969/mo property income covering a $1,982/mo payment, not borrower’s personal income.
Single Family
Built in 1950
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87107, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,518 (100%) |
| Owner Occupied HU | 8,689 (59.8%) |
| Renter Occupied HU | 4,796 (33.0%) |
| Vacant Housing Units | 1,033 ( 7.1%) |
| Median Home Value | $369,393 |
| Average Home Value | $433,075 |
Housing Distribution
Address Breakdown
Residential
13,408
Single Family
12,589
Multi-Family
819
Businesses
2,177
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Listed by: Ashley M Pendell • Mallory Realty & Investments
Mls Name: SWMLS
Mls ID: #1091169