516 Arno St NEAlbuquerqueNM87102
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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 516 Arno St NE, Albuquerque, NM, 87102 priced at $479,000 converts $3,130/mo rent into $319/mo cash flow after a $2,344/mo obligation. Total monthly income equals $3,130/mo, and annual cash flow totals $3,828/yr on $158,789 invested. Return on cash invested prints 22.32% in year one, and rental yield reads 7.84% against a $479,000 entry. Equity gained on principal adds $3,091/yr, while 5% annual appreciation compiles into $132,339 by year five. Five-year ROI reaches 115.34% and total cumulative return in cash sums $183,147. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,130/mo property income covering a $2,344/mo payment, not borrower’s personal income.
Single Family
Built in 1975
8,398 sqft lot
$N/A/sqft
No 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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