1509 Georgene 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 1509 Georgene Dr NE, Albuquerque, NM, 87112 generates $2,126/mo in rent and, after a $1,517/mo payment, leaves $307/mo in cash flow. Total monthly income is $2,126/mo, and annual cash flow is $3,682/yr on $102,732 invested. Return on cash invested sits at 23.49% in year one, and rental yield is 8.23% on a $309,900 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,620 over five years. Five-year ROI reaches 121.63% and total cumulative return in cash sums $124,956. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,126/mo property income rather than buyer’s personal income.
Townhouse
Built in 1988
3,484 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: Aaron Jackson • Capstone Realty, LLC
Mls Name: SWMLS
Mls ID: #1090178