120 Calle Olas Altos NEAlbuquerqueNM87109
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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 120 Calle Olas Altos NE, Albuquerque, NM, 87109 earns $285/mo cash flow from $2,116/mo rent with a $1,224/mo payment. Total monthly income totals $2,116/mo, and annual cash flow totals $3,421/yr on $82,875 capital. ROI tracks 24.04% on current figures, and rental yield reads 10.16% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 126.52% and total cumulative return in cash sums $104,854. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,116/mo property income instead of your personal income.
Townhouse
Built in 1974
1,742 sqft lot
$N/A/sqft
$280 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87109, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,679 (100%) |
| Owner Occupied HU | 10,271 (52.2%) |
| Renter Occupied HU | 8,202 (41.7%) |
| Vacant Housing Units | 1,206 ( 6.1%) |
| Median Home Value | $327,554 |
| Average Home Value | $335,343 |
Housing Distribution
Address Breakdown
Residential
19,483
Single Family
16,388
Multi-Family
3,095
Businesses
2,231
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Listed by: Sandi D. Pressley • Coldwell Banker Legacy
Mls Name: SWMLS
Mls Provider:
Mls ID: #1084255
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.