219 Central Ave NW SUITE 409AlbuquerqueNM87102
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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 219 Central Ave NW SUITE 409, Albuquerque, NM, 87102 listed at $247,000 pairs $1,523/mo rent with a $1,209/mo payment to leave $73/mo cash flow. Total monthly income runs $1,523/mo, and annual cash flow reaches $878/yr on $81,881 cash to close. Return on cash invested measures 20.98% in year one, and rental yield registers 7.4% at a $247,000 basis. Equity gained on principal adds $1,594/yr, and annual property appreciation at 5% supports $68,242 by year five. Five-year ROI tracks 108.22% and total cumulative return in cash totals $88,612. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,523/mo property income relative to a $1,209/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1923
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87102, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,639 (100%) |
| Owner Occupied HU | 3,796 (32.6%) |
| Renter Occupied HU | 6,413 (55.1%) |
| Vacant Housing Units | 1,430 (12.3%) |
| Median Home Value | $312,293 |
| Average Home Value | $339,998 |
Housing Distribution
Address Breakdown
Residential
10,540
Single Family
7,938
Multi-Family
2,602
Businesses
1,856
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Listed by: Leanna L Chavez • EXP Realty LLC
Mls Name: SWMLS
Mls ID: #1092333