461 60th St NWAlbuquerqueNM87105
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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 461 60th St NW, Albuquerque, NM, 87105 uses $89,174 cash to close to unlock $12,729/yr annual cash flow and $1,061/mo monthly cash flow. Total monthly income runs $2,640/mo, and a $1,317/mo payment keeps the spread at $1,061/mo. Purchase price stands at $269,000, and rental yield measures 11.78% with $2,640/mo rent. Return on cash invested shows 34.18% in year one, and 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 178.96% and total cumulative return in cash records $159,587. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,640/mo property income covering a $1,317/mo payment rather than investor’s personal income.
Single Family
Built in 1945
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87105, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,765 (100%) |
| Owner Occupied HU | 14,171 (68.2%) |
| Renter Occupied HU | 5,118 (24.6%) |
| Vacant Housing Units | 1,476 ( 7.1%) |
| Median Home Value | $275,668 |
| Average Home Value | $319,080 |
Housing Distribution
Address Breakdown
Residential
19,234
Single Family
19,151
Multi-Family
83
Businesses
857
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Listed by: Andrew J Palmer • EXIT Realty Vista
Mls Name: SWMLS
Mls ID: #1091861