320 Montoya Rd NWAlbuquerqueNM87104
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 320 Montoya Rd NW, Albuquerque, NM, 87104 priced at $307,000 pairs $2,777/mo rent with $975/mo cash flow after a $1,503/mo payment. Total monthly income equals $2,777/mo, and annual cash flow comes to $11,696/yr on $101,771 invested. Return on cash invested is 31.4% in year one, and rental yield stands at 10.85% on a $307,000 basis. Equity gained on principal adds $1,981/yr, and 5% annual appreciation accumulates to $84,818 by year five. Five-year ROI measures 164.06% and total cumulative return in cash reaches $166,970. For financing, Ziffy Mortgage’s DSCR program evaluates $2,777/mo property income against a $1,503/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87104, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,370 (100%) |
| Owner Occupied HU | 3,621 (56.8%) |
| Renter Occupied HU | 2,236 (35.1%) |
| Vacant Housing Units | 513 ( 8.1%) |
| Median Home Value | $420,672 |
| Average Home Value | $472,161 |
Housing Distribution
Address Breakdown
Residential
6,079
Single Family
5,907
Multi-Family
172
Businesses
585
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: R. Waylon Chavez • ABQ Premiere Properties
Mls Name: SWMLS
Mls ID: #1088384