11119 Montecillo Dr 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 11119 Montecillo Dr NW, Albuquerque, NM, 87114 earns $156/mo cash flow from $2,430/mo rent with a $1,831/mo payment. Total monthly income totals $2,430/mo, and annual cash flow totals $1,870/yr on $123,981 capital. ROI tracks 21.42% on current figures, and rental yield reads 7.8% at a $374,000 purchase. Equity gained on principal adds $2,413/yr, and 5% annual appreciation supports $103,329 over five years. Five-year ROI reaches 110.78% and total cumulative return in cash sums $137,341. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,430/mo property income instead of your personal income.
Single Family
Built in 1998
6,969 sqft lot
$N/A/sqft
$220 annually 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: Mary C. Porter • ERA Summit
Mls Name: SWMLS
Mls Provider:
Mls ID: #1090527
Disclaimer: Some of the information contained herein has been provided by Southwest Multiple Listing Service, Inc. (SWMLS) This information is from sources deemed reliable but not guaranteed by SWMLS. The information is for consumers personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.