3867 Montgomery Blvd NE APT 1603AlbuquerqueNM87109
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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 3867 Montgomery Blvd NE APT 1603, Albuquerque, NM, 87109 earns $528/mo cash flow from $1,344/mo rent with a $680/mo payment. Total monthly income totals $1,344/mo, and annual cash flow totals $6,342/yr on $46,079 capital. ROI tracks 33.67% on current figures, and rental yield reads 11.6% at a $139,000 purchase. Equity gained on principal adds $897/yr, and 5% annual appreciation supports $38,403 over five years. Five-year ROI reaches 176.27% and total cumulative return in cash sums $81,224. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,344/mo property income instead of your personal income.
Condo
Built in 1972
N/A 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: #1096332