2340 Bates Well Ln NWAlbuquerqueNM87120
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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 2340 Bates Well Ln NW, Albuquerque, NM, 87120 earns from $3,811/mo rent with a $3,027/mo payment. Total monthly income totals $3,811/mo. ROI tracks 19.46% on current figures, and rental yield reads 7.39% at a $618,500 purchase. Equity gained on principal adds $3,991/yr, and 5% annual appreciation supports $170,880 over five years. Five-year ROI reaches 100.59% and total cumulative return in cash sums $204,684. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,811/mo property income instead of your personal income.
Single Family
Built in 2018
7,744 sqft lot
$N/A/sqft
$175 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87120, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,486 (100%) |
| Owner Occupied HU | 20,407 (74.2%) |
| Renter Occupied HU | 6,121 (22.3%) |
| Vacant Housing Units | 958 ( 3.5%) |
| Median Home Value | $328,102 |
| Average Home Value | $357,306 |
Housing Distribution
Address Breakdown
Residential
27,101
Single Family
24,543
Multi-Family
2,558
Businesses
696
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Listed by: N/A • N/A
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