1724 Coe Rd SWAlbuquerqueNM87105
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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 1724 Coe Rd SW, Albuquerque, NM, 87105 offers $2,618/mo rent that, after a $1,434/mo payment, leaves $898/mo cash flow. Total monthly income is $2,618/mo, and annual cash flow is $10,780/yr on $97,130 cash. Return on cash invested measures 31.01% in year one, and rental yield stands at 10.72% at a $293,000 entry. Equity gained on principal adds $1,891/yr while 5% annual appreciation compounds into $80,951 by year five. Five-year ROI records 161.97% and total cumulative return in cash reaches $157,318. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,618/mo property income versus a $1,434/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87105, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,765 (100%) |
| Owner Occupied HU | 14,171 (68.2%) |
| Renter Occupied HU | 5,118 (24.6%) |
| Vacant Housing Units | 1,476 ( 7.1%) |
| Median Home Value | $275,668 |
| Average Home Value | $319,080 |
Housing Distribution
Address Breakdown
Residential
19,234
Single Family
19,151
Multi-Family
83
Businesses
857
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Listed by: Faithe Real Estate Group • Keller Williams Realty
Mls Name: SWMLS
Mls ID: #1086054