3824 Tracy St 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 3824 Tracy St NE, Albuquerque, NM, 87111 listed at $408,988 pairs $2,982/mo rent with a $2,002/mo payment to leave $581/mo cash flow. Total monthly income runs $2,982/mo, and annual cash flow reaches $6,975/yr on $135,580 cash to close. Return on cash invested measures 25.05% in year one, and rental yield registers 8.75% at a $408,988 basis. Equity gained on principal adds $2,639/yr, and annual property appreciation at 5% supports $112,996 by year five. Five-year ROI tracks 130.02% and total cumulative return in cash totals $176,286. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,982/mo property income relative to a $2,002/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1972
9,147 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: New Mexico Home Group • Jason Mitchell RE NM
Mls Name: SWMLS
Mls ID: #1092282