615 Vermilion Ct NWAlbuquerqueNM87120
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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 615 Vermilion Ct NW, Albuquerque, NM, 87120 priced at $342,000 pairs $2,678/mo rent with $671/mo cash flow after a $1,674/mo payment. Total monthly income equals $2,678/mo, and annual cash flow comes to $8,047/yr on $113,373 invested. Return on cash invested is 27.01% in year one, and rental yield stands at 9.4% on a $342,000 basis. Equity gained on principal adds $2,207/yr, and 5% annual appreciation accumulates to $94,488 by year five. Five-year ROI measures 140.5% and total cumulative return in cash reaches $159,286. For financing, Ziffy Mortgage’s DSCR program evaluates $2,678/mo property income against a $1,674/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87120, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,486 (100%) |
| Owner Occupied HU | 20,407 (74.2%) |
| Renter Occupied HU | 6,121 (22.3%) |
| Vacant Housing Units | 958 ( 3.5%) |
| Median Home Value | $328,102 |
| Average Home Value | $357,306 |
Housing Distribution
Address Breakdown
Residential
27,101
Single Family
24,543
Multi-Family
2,558
Businesses
696
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Listed by: Demi Martinez • Real Broker, LLC
Mls Name: SWMLS
Mls ID: #1086776