3833 Montgomery Blvd NE APT 524AlbuquerqueNM87109
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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 3833 Montgomery Blvd NE APT 524, Albuquerque, NM, 87109 offers a 11.64% rental yield on a $175,000 purchase with $1,698/mo rent. Total monthly income registers $1,698/mo, and a $857/mo payment leaves $670/mo available for distribution. Annual cash flow reaches $8,044/yr on $58,013 to close, and return on cash invested stands at 33.78% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 176.83% and total cumulative return in cash at $102,583. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,698/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1972
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87109, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,679 (100%) |
| Owner Occupied HU | 10,271 (52.2%) |
| Renter Occupied HU | 8,202 (41.7%) |
| Vacant Housing Units | 1,206 ( 6.1%) |
| Median Home Value | $327,554 |
| Average Home Value | $335,343 |
Housing Distribution
Address Breakdown
Residential
19,483
Single Family
16,388
Multi-Family
3,095
Businesses
2,231
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Listed by: Joseph Chacon • EXP Realty LLC
Mls Name: SWMLS
Mls ID: #1096150