6204 Chenoa Rd 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
Investment property for sale in Albuquerque at 6204 Chenoa Rd NW, Albuquerque, NM, 87120 with 5% annual appreciation on a $436,700 basis while $3,342/mo rent supports operations. Total monthly income totals $3,342/mo and a $2,137/mo payment preserves $721/mo for cash returns. Annual cash flow comes to $8,656/yr on $144,766 deployed, and return on cash invested reaches 25.89% in year one. Equity gained on principal adds $2,818/yr, and five-year appreciation sums $120,652 alongside rental yield of 9.18%. Five-year ROI measures 134.67% and total cumulative return in cash totals $194,958.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,342/mo property income versus a $2,137/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
4,687 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: N/A • N/A
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