1620 Monte Largo Dr NEAlbuquerqueNM87112
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 1620 Monte Largo Dr NE, Albuquerque, NM, 87112 earns $514/mo cash flow from $3,008/mo rent with a $2,080/mo payment. Total monthly income totals $3,008/mo, and annual cash flow totals $6,164/yr on $140,888 capital. ROI tracks 24.28% on current figures, and rental yield reads 8.49% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 125.88% and total cumulative return in cash sums $177,353. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,008/mo property income instead of your personal income.
Single Family
Built in 1978
9,147 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Venturi Realty Group • Real Broker, LLC
Mls Name: SWMLS
Mls ID: #1093461