5813 Elmwood Dr NEAlbuquerqueNM87109
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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
Investment property for sale in Albuquerque at 5813 Elmwood Dr NE, Albuquerque, NM, 87109 listed at $284,500 pairs $1,890/mo rent with a $1,392/mo payment to leave $221/mo cash flow. Total monthly income runs $1,890/mo, and annual cash flow reaches $2,647/yr on $94,312 cash to close. Return on cash invested measures 22.72% in year one, and rental yield registers 7.97% at a $284,500 basis. Equity gained on principal adds $1,836/yr, and annual property appreciation at 5% supports $78,602 by year five. Five-year ROI tracks 117.48% and total cumulative return in cash totals $110,801. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,890/mo property income relative to a $1,392/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1983
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87109, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,679 (100%) |
| Owner Occupied HU | 10,271 (52.2%) |
| Renter Occupied HU | 8,202 (41.7%) |
| Vacant Housing Units | 1,206 ( 6.1%) |
| Median Home Value | $327,554 |
| Average Home Value | $335,343 |
Housing Distribution
Address Breakdown
Residential
19,483
Single Family
16,388
Multi-Family
3,095
Businesses
2,231
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Listed by: Brittany Jorgensen • Hot Realty, LLC
Mls Name: SWMLS
Mls ID: #1073208