232 Shirley St NEAlbuquerqueNM87123
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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 232 Shirley St NE, Albuquerque, NM, 87123 priced at $269,900 converts $2,315/mo rent into $731/mo cash flow after a $1,321/mo obligation. Total monthly income equals $2,315/mo, and annual cash flow totals $8,770/yr on $89,472 invested. Return on cash invested prints 29.71% in year one, and rental yield reads 10.29% against a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,568 by year five. Five-year ROI reaches 155% and total cumulative return in cash sums $138,678. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,315/mo property income covering a $1,321/mo payment, not borrower’s personal income.
Single Family
Built in 1977
6,098 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: Faisal S Nizamuldin • Keller Williams Realty
Mls Name: SWMLS
Mls ID: #1093493