1308 Amado St NWAlbuquerqueNM87104
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1308 Amado St NW, Albuquerque, NM, 87104 earns $223/mo cash flow from $1,456/mo rent with a $1,028/mo payment. Total monthly income totals $1,456/mo, and annual cash flow totals $2,679/yr on $69,615 capital. ROI tracks 23.76% on current figures, and rental yield reads 8.32% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 123.12% and total cumulative return in cash sums $85,708. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,456/mo property income instead of your personal income.
Single Family
Built in 1950
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87104, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,370 (100%) |
| Owner Occupied HU | 3,621 (56.8%) |
| Renter Occupied HU | 2,236 (35.1%) |
| Vacant Housing Units | 513 ( 8.1%) |
| Median Home Value | $420,672 |
| Average Home Value | $472,161 |
Housing Distribution
Address Breakdown
Residential
6,079
Single Family
5,907
Multi-Family
172
Businesses
585
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Listed by: Maria C Martinez • Coldwell Banker Legacy
Mls Name: SWMLS
Mls ID: #1078489