1708 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
Rental property for sale in Albuquerque at 1708 Summerfield Pl SW, Albuquerque, NM, 87121 priced at $282,400 converts $2,250/mo rent into $593/mo cash flow after a $1,382/mo obligation. Total monthly income equals $2,250/mo, and annual cash flow totals $7,112/yr on $93,616 invested. Return on cash invested prints 27.51% in year one, and rental yield reads 9.56% against a $282,400 entry. Equity gained on principal adds $1,822/yr, while 5% annual appreciation compiles into $78,022 by year five. Five-year ROI reaches 143.18% and total cumulative return in cash sums $134,034. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,250/mo property income covering a $1,382/mo payment, not borrower’s personal income.
Single Family
Built in 2001
5,070 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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