609 Page Ave NEAlbuquerqueNM87102
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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 609 Page Ave NE, Albuquerque, NM, 87102 with 5% annual appreciation on a $135,000 basis while $1,056/mo rent supports operations. Total monthly income totals $1,056/mo and a $661/mo payment preserves $263/mo for cash returns. Annual cash flow comes to $3,160/yr on $44,753 deployed, and return on cash invested reaches 26.97% in year one. Equity gained on principal adds $871/yr, and five-year appreciation sums $37,298 alongside rental yield of 9.39%. Five-year ROI measures 140.37% and total cumulative return in cash totals $62,821.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,056/mo property income versus a $661/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
7,405 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: Joseph M Gorman • Realty One of New Mexico
Mls Name: SWMLS
Mls ID: #1077515