12300 Carmel Ave NEAlbuquerqueNM87122
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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 12300 Carmel Ave NE, Albuquerque, NM, 87122 generates $6,250/mo in rent, after a $9,400/mo payment. Total monthly income is $6,250/mo. Return on cash invested sits at 10.68% in year one, and rental yield is 3.91% on a $1,920,600 entry. Equity gained on principal adds $12,393/yr, while 5% annual appreciation builds toward $530,626 over five years. Five-year ROI reaches 52.85% and total cumulative return in cash sums $328,851. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,250/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in N/A
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87122, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,002 (100%) |
| Owner Occupied HU | 6,624 (82.8%) |
| Renter Occupied HU | 986 (12.3%) |
| Vacant Housing Units | 392 ( 4.9%) |
| Median Home Value | $601,657 |
| Average Home Value | $645,258 |
Housing Distribution
Address Breakdown
Residential
7,271
Single Family
7,112
Multi-Family
159
Businesses
166
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Listed by: N/A • N/A
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