12312 Phoenix Ave 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 12312 Phoenix Ave NE, Albuquerque, NM, 87112 generates $2,478/mo in rent and, after a $1,713/mo payment, leaves $424/mo in cash flow. Total monthly income is $2,478/mo, and annual cash flow is $5,085/yr on $116,025 invested. Return on cash invested sits at 24.29% in year one, and rental yield is 8.5% on a $349,999 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,698 over five years. Five-year ROI reaches 125.92% and total cumulative return in cash sums $146,102. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,478/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
6,098 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: Ramoncita Christine Aragon-Romero • Realty One of New Mexico
Mls Name: SWMLS
Mls ID: #1090031