2229 Dekooning Ave SEAlbuquerqueNM87106
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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 2229 Dekooning Ave SE, Albuquerque, NM, 87106 listed at $515,642 pairs $2,640/mo rent with a $2,524/mo payment. Total monthly income runs $2,640/mo. Return on cash invested measures 16.86% in year one, and rental yield registers 6.14% at a $515,642 basis. Equity gained on principal adds $3,327/yr, and annual property appreciation at 5% supports $142,462 by year five. Five-year ROI tracks 86.24% and total cumulative return in cash totals $146,303. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,640/mo property income relative to a $2,524/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
5,227 sqft lot
$N/A/sqft
$65 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87106, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,287 (100%) |
| Owner Occupied HU | 4,759 (33.3%) |
| Renter Occupied HU | 7,794 (54.6%) |
| Vacant Housing Units | 1,734 (12.1%) |
| Median Home Value | $361,724 |
| Average Home Value | $409,846 |
Housing Distribution
Address Breakdown
Residential
12,715
Single Family
11,900
Multi-Family
815
Businesses
1,039
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Listed by: John - Paul Rael • Westway Realty
Mls Name: SWMLS
Mls Provider:
Mls ID: #1071237
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.