502 Headingly Ave NWAlbuquerqueNM87107
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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
Rental property for sale in Albuquerque at 502 Headingly Ave NW, Albuquerque, NM, 87107 generates $1,670/mo in rent, after a $3,671/mo payment. Total monthly income is $1,670/mo. Return on cash invested sits at 6.77% in year one, and rental yield is 2.67% on a $750,000 entry. Equity gained on principal adds $4,840/yr, while 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 31.94% and total cumulative return in cash sums $78,810. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,670/mo property income rather than buyer’s personal income.
Multi Family
Built in 1951
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87107, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,518 (100%) |
| Owner Occupied HU | 8,689 (59.8%) |
| Renter Occupied HU | 4,796 (33.0%) |
| Vacant Housing Units | 1,033 ( 7.1%) |
| Median Home Value | $369,393 |
| Average Home Value | $433,075 |
Housing Distribution
Address Breakdown
Residential
13,408
Single Family
12,589
Multi-Family
819
Businesses
2,177
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Listed by: Christine M Lohkamp • Campbell & Campbell Real Estat
Mls Name: SWMLS
Mls ID: #1093208