3839 Montgomery Blvd NE APT 724AlbuquerqueNM87109
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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 3839 Montgomery Blvd NE APT 724, Albuquerque, NM, 87109 listed at $140,000 pairs $1,595/mo rent with a $685/mo payment to leave $774/mo cash flow. Total monthly income runs $1,595/mo, and annual cash flow reaches $9,282/yr on $46,410 cash to close. Return on cash invested measures 39.91% in year one, and rental yield registers 13.67% at a $140,000 basis. Equity gained on principal adds $903/yr, and annual property appreciation at 5% supports $38,679 by year five. Five-year ROI tracks 209.72% and total cumulative return in cash totals $97,330. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,595/mo property income relative to a $685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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: Tracy C Highspencer • Integrity Real Estate
Mls Name: SWMLS
Mls ID: #1081075