3027 Monroe St 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
Rental property for sale in Albuquerque at 3027 Monroe St NE, Albuquerque, NM, 87110 generates $2,374/mo in rent and, after a $1,468/mo payment, leaves $614/mo in cash flow. Total monthly income is $2,374/mo, and annual cash flow is $7,363/yr on $99,417 invested. Return on cash invested sits at 27.32% in year one, and rental yield is 9.5% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 142.15% and total cumulative return in cash sums $141,316. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,374/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
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: Franz Redl • R & R Real Estate Partners LLC
Mls Name: SWMLS
Mls ID: #1094044