3608 Setaria Rd NWAlbuquerqueNM87120
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 3608 Setaria Rd NW, Albuquerque, NM, 87120 in Albuquerque is narrow, $127/mo net on $2,503/mo rent after the $1,776/mo debt service, but the property operates at break-even-plus, not a loss. At $395,000 with a 7.6% yield, the long-run equity case via 5% appreciation ($109,131 over five years) and $3,638/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.41 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $161,112.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 6.2% |
| Monthly Cash Flow | $127 | $450 |
City averages based on Albuquerque market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,503 |
| Total Monthly Debt Service | $2,161 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2004
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87120, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,486 (100%) |
| Owner Occupied HU | 20,407 (74.2%) |
| Renter Occupied HU | 6,121 (22.3%) |
| Vacant Housing Units | 958 ( 3.5%) |
| Median Home Value | $328,102 |
| Average Home Value | $357,306 |
Housing Distribution
Address Breakdown
Residential
27,101
Single Family
24,543
Multi-Family
2,558
Businesses
696
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
Townhouse
Built in 2004
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87120, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,486 (100%) |
| Owner Occupied HU | 20,407 (74.2%) |
| Renter Occupied HU | 6,121 (22.3%) |
| Vacant Housing Units | 958 ( 3.5%) |
| Median Home Value | $328,102 |
| Average Home Value | $357,306 |
Housing Distribution
Address Breakdown
Residential
27,101
Single Family
24,543
Multi-Family
2,558
Businesses
696
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Monica L Martinez-McNeil • ERA Summit
Mls Name: SWMLS
Mls ID: #1094844