11316 Biscayne Dr NEAlbuquerqueNM87111
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 11316 Biscayne Dr NE, Albuquerque, NM, 87111 earns $703/mo cash flow from $2,713/mo rent with a $1,599/mo payment. Total monthly income totals $2,713/mo, and annual cash flow totals $8,438/yr on $108,301 capital. ROI tracks 27.7% on current figures, and rental yield reads 9.97% at a $326,700 purchase. Equity gained on principal adds $2,108/yr, and 5% annual appreciation supports $90,261 over five years. Five-year ROI reaches 144.6% and total cumulative return in cash sums $156,607. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,713/mo property income instead of your personal income.
Single Family
Built in 1972
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87111, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,513 (100%) |
| Owner Occupied HU | 16,132 (58.6%) |
| Renter Occupied HU | 9,845 (35.8%) |
| Vacant Housing Units | 1,536 ( 5.6%) |
| Median Home Value | $375,734 |
| Average Home Value | $435,651 |
Housing Distribution
Address Breakdown
Residential
26,915
Single Family
20,268
Multi-Family
6,647
Businesses
895
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A