2015 Summerside Dr SEAlbuquerqueNM87123
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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 2015 Summerside Dr SE, Albuquerque, NM, 87123 earns $259/mo cash flow from $3,193/mo rent with a $2,447/mo payment. Total monthly income totals $3,193/mo, and annual cash flow totals $3,103/yr on $165,717 capital. ROI tracks 21.78% on current figures, and rental yield reads 7.66% at a $499,900 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,113 over five years. Five-year ROI reaches 112.46% and total cumulative return in cash sums $186,372. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,193/mo property income instead of your personal income.
Single Family
Built in 2012
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87123, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,333 (100%) |
| Owner Occupied HU | 12,086 (59.4%) |
| Renter Occupied HU | 6,976 (34.3%) |
| Vacant Housing Units | 1,271 ( 6.3%) |
| Median Home Value | $298,147 |
| Average Home Value | $308,019 |
Housing Distribution
Address Breakdown
Residential
19,175
Single Family
16,887
Multi-Family
2,288
Businesses
801
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Listed by: Gilbert Garcia • Majestic Realty Group
Mls Name: SWMLS
Mls ID: #1089822