1420 Summerfield Pl SWAlbuquerqueNM87121
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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 1420 Summerfield Pl SW, Albuquerque, NM, 87121 uses $121,826 cash to close to unlock $6,848/yr annual cash flow and $571/mo monthly cash flow. Total monthly income runs $2,728/mo, and a $1,799/mo payment keeps the spread at $571/mo. Purchase price stands at $367,500, and rental yield measures 8.91% with $2,728/mo rent. Return on cash invested shows 25.53% in year one, and 5% annual appreciation builds toward $101,533 over five years. Five-year ROI reaches 132.56% and total cumulative return in cash records $161,496. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,728/mo property income covering a $1,799/mo payment rather than investor’s personal income.
Single Family
Built in 1998
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87121, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,762 (100%) |
| Owner Occupied HU | 19,384 (72.4%) |
| Renter Occupied HU | 6,066 (22.7%) |
| Vacant Housing Units | 1,312 ( 4.9%) |
| Median Home Value | $208,318 |
| Average Home Value | $228,533 |
Housing Distribution
Address Breakdown
Residential
25,550
Single Family
24,031
Multi-Family
1,519
Businesses
807
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Listed by: Linda M Coronado-Arvizo • Realty One of New Mexico
Mls Name: SWMLS
Mls ID: #1085536