524 Central Ave SWAlbuquerqueNM87102
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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 524 Central Ave SW, Albuquerque, NM, 87102 priced at $315,000 converts $1,351/mo rent into after a $1,542/mo obligation. Total monthly income equals $1,351/mo. Return on cash invested prints 14.18% in year one, and rental yield reads 5.15% against a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation compiles into $87,029 by year five. Five-year ROI reaches 71.71% and total cumulative return in cash sums $74,885. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,351/mo property income covering a $1,542/mo payment, not borrower’s personal income.
Condo
Built in 2015
8,276 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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Listed by: Dawn Baca • Sunrise Realty LLC
Mls Name: SWMLS
Mls ID: #1088987