339 59th St NWAlbuquerqueNM87105
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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 339 59th St NW, Albuquerque, NM, 87105 listed at $265,000 pairs $2,410/mo rent with a $1,297/mo payment to leave $855/mo cash flow. Total monthly income runs $2,410/mo, and annual cash flow reaches $10,255/yr on $87,848 cash to close. Return on cash invested measures 31.58% in year one, and rental yield registers 10.91% at a $265,000 basis. Equity gained on principal adds $1,710/yr, and annual property appreciation at 5% supports $73,215 by year five. Five-year ROI tracks 165.04% and total cumulative return in cash totals $144,987. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,410/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1951
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87105, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,765 (100%) |
| Owner Occupied HU | 14,171 (68.2%) |
| Renter Occupied HU | 5,118 (24.6%) |
| Vacant Housing Units | 1,476 ( 7.1%) |
| Median Home Value | $275,668 |
| Average Home Value | $319,080 |
Housing Distribution
Address Breakdown
Residential
19,234
Single Family
19,151
Multi-Family
83
Businesses
857
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Listed by: Angelica M Morales • Star Realty New Mexico LLC
Mls Name: SWMLS
Mls ID: #1094059