13500 Chico Rd NEAlbuquerqueNM87123
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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 13500 Chico Rd NE, Albuquerque, NM, 87123 generates $2,312/mo in rent and, after a $1,297/mo payment, leaves $678/mo in cash flow. Total monthly income is $2,312/mo, and annual cash flow is $8,138/yr on $87,814 invested. Return on cash invested sits at 29.18% in year one, and rental yield is 10.47% on a $264,900 entry. Equity gained on principal adds $1,709/yr, while 5% annual appreciation builds toward $73,187 over five years. Five-year ROI reaches 152.55% and total cumulative return in cash sums $133,964. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,312/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87123, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,333 (100%) |
| Owner Occupied HU | 12,086 (59.4%) |
| Renter Occupied HU | 6,976 (34.3%) |
| Vacant Housing Units | 1,271 ( 6.3%) |
| Median Home Value | $298,147 |
| Average Home Value | $308,019 |
Housing Distribution
Address Breakdown
Residential
19,175
Single Family
16,887
Multi-Family
2,288
Businesses
801
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Listed by: Jason Lieberman • Albuquerque House Hunting
Mls Name: SWMLS
Mls Provider:
Mls ID: #1072450
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.