4505 Banff Dr NEAlbuquerqueNM87111
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Albuquerque at 4505 Banff Dr NE, Albuquerque, NM, 87111 priced at $435,000 pairs $2,692/mo rent with $139/mo cash flow after a $2,129/mo payment. Total monthly income equals $2,692/mo, and annual cash flow comes to $1,666/yr on $144,203 invested. Return on cash invested is 21.06% in year one, and rental yield stands at 7.43% on a $435,000 basis. Equity gained on principal adds $2,807/yr, and 5% annual appreciation accumulates to $120,182 by year five. Five-year ROI measures 108.61% and total cumulative return in cash reaches $156,624. For financing, Ziffy Mortgage’s DSCR program evaluates $2,692/mo property income against a $2,129/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1971
8,712 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sean N. Kesani • Coldwell Banker Legacy
Mls Name: SWMLS
Mls ID: #1090770