538 58th St NWAlbuquerqueNM87105
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Albuquerque rentals match the income profile of 538 58th St NW, Albuquerque, NM, 87105. Listed at $294,500, gross rent is $2,640/mo and net cash flow is $911/mo, a 10.76% yield well above national averages. DSCR 1.99 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $81,365 by year five with $2,712/yr in annual principal reduction, projecting $169,918 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 6.2% |
| Monthly Cash Flow | $911 | $450 |
City averages based on Albuquerque market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,640 |
| Total Monthly Debt Service | $1,611 |
| DSCR Ratio | 1.64x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1971
9,583 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
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
Single Family
Built in 1971
9,583 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jared Andrew English • Congress Realty, Inc
Mls Name: SWMLS
Mls ID: #1095936