608 Coal Ave SEAlbuquerqueNM87102
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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 608 Coal Ave SE, Albuquerque, NM, 87102 priced at $230,000 pairs $1,835/mo rent with $485/mo cash flow after a $1,126/mo payment. Total monthly income equals $1,835/mo, and annual cash flow comes to $5,817/yr on $76,245 invested. Return on cash invested is 27.54% in year one, and rental yield stands at 9.57% on a $230,000 basis. Equity gained on principal adds $1,484/yr, and 5% annual appreciation accumulates to $63,545 by year five. Five-year ROI measures 143.34% and total cumulative return in cash reaches $109,291. For financing, Ziffy Mortgage’s DSCR program evaluates $1,835/mo property income against a $1,126/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
2,178 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: Alysia T. Dovel • Realty One of New Mexico
Mls Name: SWMLS
Mls ID: #1083546