2742 Cantara LnAlbuquerqueNM87121
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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 2742 Cantara Ln, Albuquerque, NM, 87121 priced at $356,190 converts $2,176/mo rent into $25/mo cash flow after a $1,743/mo obligation. Total monthly income equals $2,176/mo, and annual cash flow totals $297/yr on $118,077 invested. Return on cash invested prints 20.16% in year one, and rental yield reads 7.33% against a $356,190 entry. Equity gained on principal adds $2,298/yr, while 5% annual appreciation compiles into $98,409 by year five. Five-year ROI reaches 104% and total cumulative return in cash sums $122,797. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,176/mo property income covering a $1,743/mo payment, not borrower’s personal income.
Single Family
Built in 2024
4,791 sqft lot
$N/A/sqft
$61 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87121, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,762 (100%) |
| Owner Occupied HU | 19,384 (72.4%) |
| Renter Occupied HU | 6,066 (22.7%) |
| Vacant Housing Units | 1,312 ( 4.9%) |
| Median Home Value | $208,318 |
| Average Home Value | $228,533 |
Housing Distribution
Address Breakdown
Residential
25,550
Single Family
24,031
Multi-Family
1,519
Businesses
807
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Listed by: Lawrence Otero • D.R. Horton, Inc.
Mls Name: SWMLS
Mls Provider:
Mls ID: #1082759
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.