24 Matisse RdAlbuquerqueNM87123
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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 24 Matisse Rd, Albuquerque, NM, 87123 at $1,375,000 posts ROI 6.02% with from $2,744/mo rent. Total monthly income equals $2,744/mo. Return on cash invested measures 6.02% and rental yield reads 2.39% at the current $1,375,000. Equity gained on principal adds $8,873/yr, and 5% annual appreciation supports $379,887 by year five. Five-year ROI prints 27.85% and total cumulative return in cash totals $124,062. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,744/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1946
10.71 Acres 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: Anne M Vallejos • Keller Williams Realty
Mls Name: SWMLS
Mls ID: #1094511