3718 Ridge Pointe Loop NEAlbuquerqueNM87111
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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 3718 Ridge Pointe Loop NE, Albuquerque, NM, 87111 earns $455/mo cash flow from $2,832/mo rent with a $1,982/mo payment. Total monthly income totals $2,832/mo, and annual cash flow totals $5,461/yr on $134,258 capital. ROI tracks 23.98% on current figures, and rental yield reads 8.39% at a $405,000 purchase. Equity gained on principal adds $2,613/yr, and 5% annual appreciation supports $111,894 over five years. Five-year ROI reaches 124.27% and total cumulative return in cash sums $166,838. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,832/mo property income instead of your personal income.
Townhouse
Built in 2004
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87111, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,513 (100%) |
| Owner Occupied HU | 16,132 (58.6%) |
| Renter Occupied HU | 9,845 (35.8%) |
| Vacant Housing Units | 1,536 ( 5.6%) |
| Median Home Value | $375,734 |
| Average Home Value | $435,651 |
Housing Distribution
Address Breakdown
Residential
26,915
Single Family
20,268
Multi-Family
6,647
Businesses
895
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Listed by: Meryl Manning Segel • LRobbins Real Estate LLC
Mls Name: SWMLS
Mls ID: #1097570