1249 Monte Verde Dr 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 1249 Monte Verde Dr NE, Albuquerque, NM, 87112 priced at $456,500 pairs $2,752/mo rent with $19/mo cash flow after a $2,234/mo payment. Total monthly income equals $2,752/mo, and annual cash flow comes to $231/yr on $151,330 invested. Return on cash invested is 20.06% in year one, and rental yield stands at 7.23% on a $456,500 basis. Equity gained on principal adds $2,946/yr, and 5% annual appreciation accumulates to $126,123 by year five. Five-year ROI measures 103.41% and total cumulative return in cash reaches $156,487. For financing, Ziffy Mortgage’s DSCR program evaluates $2,752/mo property income against a $2,234/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1988
4,356 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: Paul T Holley • Realty One of New Mexico
Mls Name: SWMLS
Mls Provider:
Mls ID: #1079881
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.