124 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
Rental property for sale in Albuquerque at 124 Calle Olas Altos NE, Albuquerque, NM, 87109 priced at $250,000 pairs $2,560/mo rent with $1,092/mo cash flow after a $1,224/mo payment. Total monthly income equals $2,560/mo, and annual cash flow comes to $13,107/yr on $82,875 invested. Return on cash invested is 35.72% in year one, and rental yield stands at 12.29% on a $250,000 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 187.28% and total cumulative return in cash reaches $155,206. For financing, Ziffy Mortgage’s DSCR program evaluates $2,560/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1974
1,742 sqft lot
$N/A/sqft
No 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: Brandy M Acevedo • Realty One of New Mexico
Mls Name: SWMLS
Mls ID: #1091198