1217 Kirby St NEAlbuquerqueNM87112
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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 1217 Kirby St NE, Albuquerque, NM, 87112 generates $2,170/mo in rent, after a $1,831/mo payment. Total monthly income is $2,170/mo. Return on cash invested sits at 19.66% in year one, and rental yield is 6.96% on a $374,000 entry. Equity gained on principal adds $2,413/yr, while 5% annual appreciation builds toward $103,329 over five years. Five-year ROI reaches 101.12% and total cumulative return in cash sums $125,365. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,170/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87112, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,832 (100%) |
| Owner Occupied HU | 12,016 (60.6%) |
| Renter Occupied HU | 6,662 (33.6%) |
| Vacant Housing Units | 1,154 ( 5.8%) |
| Median Home Value | $292,317 |
| Average Home Value | $319,321 |
Housing Distribution
Address Breakdown
Residential
19,484
Single Family
17,393
Multi-Family
2,091
Businesses
1,107
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Listed by: Tara Jones • Opendoor Brokerage, LLC
Mls Name: SWMLS
Mls ID: #1096354