3 Tierra Monte St NEAlbuquerqueNM87122
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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 3 Tierra Monte St NE, Albuquerque, NM, 87122 priced at $547,500 converts $3,924/mo rent into $710/mo cash flow after a $2,680/mo obligation. Total monthly income equals $3,924/mo, and annual cash flow totals $8,522/yr on $180,128 invested. Return on cash invested prints 24.79% in year one, and rental yield reads 8.6% against a $547,500 entry. Equity gained on principal adds $3,533/yr, while 5% annual appreciation compiles into $151,264 by year five. Five-year ROI reaches 128.58% and total cumulative return in cash sums $231,617. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,924/mo property income covering a $2,680/mo payment, not borrower’s personal income.
Single Family
Built in 1960
1.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87122, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,002 (100%) |
| Owner Occupied HU | 6,624 (82.8%) |
| Renter Occupied HU | 986 (12.3%) |
| Vacant Housing Units | 392 ( 4.9%) |
| Median Home Value | $601,657 |
| Average Home Value | $645,258 |
Housing Distribution
Address Breakdown
Residential
7,271
Single Family
7,112
Multi-Family
159
Businesses
166
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Listed by: Mark J Puckett • Platinum Properties & Invst.
Mls Name: SWMLS
Mls ID: #1089180