116 65th St SWAlbuquerqueNM87121
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 116 65th St SW, Albuquerque, NM, 87121 offers a 9.03% rental yield on a $262,800 purchase with $1,978/mo rent. Total monthly income registers $1,978/mo, and a $1,286/mo payment leaves $436/mo available for distribution. Annual cash flow reaches $5,229/yr on $87,118 to close, and return on cash invested stands at 25.91% in year one. Equity gained on principal adds $1,696/yr while 5% annual appreciation supports $72,607 over five years. Portfolio math shows five-year ROI at 134.61% and total cumulative return in cash at $117,273. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,978/mo property income against a $1,286/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Apartment
Built in 2002
9,252 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87121, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,762 (100%) |
| Owner Occupied HU | 19,384 (72.4%) |
| Renter Occupied HU | 6,066 (22.7%) |
| Vacant Housing Units | 1,312 ( 4.9%) |
| Median Home Value | $208,318 |
| Average Home Value | $228,533 |
Housing Distribution
Address Breakdown
Residential
25,550
Single Family
24,031
Multi-Family
1,519
Businesses
807
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