1601 Pennsylvania St NE UNIT B4AlbuquerqueNM87110
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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 1601 Pennsylvania St NE UNIT B4, Albuquerque, NM, 87110 offers a 9.16% rental yield on a $114,000 purchase with $870/mo rent. Total monthly income registers $870/mo, and a $558/mo payment leaves $201/mo available for distribution. Annual cash flow reaches $2,410/yr on $37,791 to close, and return on cash invested stands at 26.29% in year one. Equity gained on principal adds $736/yr while 5% annual appreciation supports $31,496 over five years. Portfolio math shows five-year ROI at 136.62% and total cumulative return in cash at $51,631. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $870/mo property income against a $558/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1969
13.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87110, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,503 (100%) |
| Owner Occupied HU | 11,125 (54.3%) |
| Renter Occupied HU | 7,756 (37.8%) |
| Vacant Housing Units | 1,622 ( 7.9%) |
| Median Home Value | $298,625 |
| Average Home Value | $331,410 |
Housing Distribution
Address Breakdown
Residential
19,003
Single Family
16,961
Multi-Family
2,042
Businesses
2,764
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Listed by: John R Sabourin • Home Authority
Mls Name: SWMLS
Mls ID: #1092489