2204 Okeefe Ave SEAlbuquerqueNM87105
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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 2204 Okeefe Ave SE, Albuquerque, NM, 87105 priced at $589,124 pairs $2,640/mo rent with after a $2,883/mo payment. Total monthly income equals $2,640/mo. Return on cash invested is 9.95% in year one, and rental yield stands at 5.38% on a $589,124 basis. Equity gained on principal adds $3,802/yr, and 5% annual appreciation accumulates to $162,764 by year five. Five-year ROI measures 50.8% and total cumulative return in cash reaches $98,453. For financing, Ziffy Mortgage’s DSCR program evaluates $2,640/mo property income against a $2,883/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
6,969 sqft lot
$N/A/sqft
$816 monthly 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: John - Paul Rael • Westway Realty
Mls Name: SWMLS
Mls Provider:
Mls ID: #1071902
Disclaimer: Some of the information contained herein has been provided by Southwest Multiple Listing Service, Inc. (SWMLS) This information is from sources deemed reliable but not guaranteed by SWMLS. The information is for consumers personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.