401 Central Ave NE APT 301AlbuquerqueNM87102
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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 401 Central Ave NE APT 301, Albuquerque, NM, 87102 earns $244/mo cash flow from $2,459/mo rent with a $1,494/mo payment. Total monthly income totals $2,459/mo, and annual cash flow totals $2,932/yr on $101,207 capital. ROI tracks 22.81% on current figures, and rental yield reads 9.67% at a $305,300 purchase. Equity gained on principal adds $1,970/yr, and 5% annual appreciation supports $84,349 over five years. Five-year ROI reaches 119.8% and total cumulative return in cash sums $121,244. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,459/mo property income instead of your personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
$350 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87102, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,639 (100%) |
| Owner Occupied HU | 3,796 (32.6%) |
| Renter Occupied HU | 6,413 (55.1%) |
| Vacant Housing Units | 1,430 (12.3%) |
| Median Home Value | $312,293 |
| Average Home Value | $339,998 |
Housing Distribution
Address Breakdown
Residential
10,540
Single Family
7,938
Multi-Family
2,602
Businesses
1,856
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