524 Central Ave SW UNIT 409AlbuquerqueNM87102
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
Investment property for sale in Albuquerque at 524 Central Ave SW UNIT 409, Albuquerque, NM, 87102 listed at $233,300 pairs $1,892/mo rent with a $1,142/mo payment. Total monthly income runs $1,892/mo. Return on cash invested measures 18.63% in year one, and rental yield registers 9.73% at a $233,300 basis. Equity gained on principal adds $1,505/yr, and annual property appreciation at 5% supports $64,456 by year five. Five-year ROI tracks 98.99% and total cumulative return in cash totals $76,559. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,892/mo property income relative to a $1,142/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2008
N/A lot
$N/A/sqft
$477 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A