12819 Northern Sky Ave NEAlbuquerqueNM87111
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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
Investment property for sale in Albuquerque at 12819 Northern Sky Ave NE, Albuquerque, NM, 87111 offers a 5.85% rental yield on a $724,900 purchase with $3,534/mo rent. 49% in year one. Equity gained on principal adds $4,678/yr while 5% annual appreciation supports $200,277 over five years. Portfolio math shows five-year ROI at 79.03% and total cumulative return in cash at $188,481. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,534/mo property income against a $3,548/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
9,147 sqft lot
$N/A/sqft
$309 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87111, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,513 (100%) |
| Owner Occupied HU | 16,132 (58.6%) |
| Renter Occupied HU | 9,845 (35.8%) |
| Vacant Housing Units | 1,536 ( 5.6%) |
| Median Home Value | $375,734 |
| Average Home Value | $435,651 |
Housing Distribution
Address Breakdown
Residential
26,915
Single Family
20,268
Multi-Family
6,647
Businesses
895
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Listed by: Gary Shaw • RE/MAX SELECT
Mls Name: SWMLS
Mls Provider:
Mls ID: #1087681
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.