2420 Cagua Dr NEAlbuquerqueNM87110
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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 2420 Cagua Dr NE, Albuquerque, NM, 87110 with 5% annual appreciation on a $350,000 basis while $2,317/mo rent supports operations. Total monthly income totals $2,317/mo and a $1,713/mo payment preserves $263/mo for cash returns. Annual cash flow comes to $3,153/yr on $116,025 deployed, and return on cash invested reaches 22.63% in year one. Equity gained on principal adds $2,258/yr, and five-year appreciation sums $96,699 alongside rental yield of 7.94%. Five-year ROI measures 117% and total cumulative return in cash totals $135,746.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,317/mo property income versus a $1,713/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1956
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87110, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,503 (100%) |
| Owner Occupied HU | 11,125 (54.3%) |
| Renter Occupied HU | 7,756 (37.8%) |
| Vacant Housing Units | 1,622 ( 7.9%) |
| Median Home Value | $298,625 |
| Average Home Value | $331,410 |
Housing Distribution
Address Breakdown
Residential
19,003
Single Family
16,961
Multi-Family
2,042
Businesses
2,764
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Listed by: Juan F Duran • Berkshire Hathaway NM Prop
Mls Name: SWMLS
Mls ID: #1090805