6328 Michelangelo Ln NWAlbuquerqueNM87114
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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 6328 Michelangelo Ln NW, Albuquerque, NM, 87114 listed at $351,100 pairs $2,633/mo rent with a $1,718/mo payment to leave $510/mo cash flow. Total monthly income runs $2,633/mo, and annual cash flow reaches $6,120/yr on $116,390 cash to close. Return on cash invested measures 25.17% in year one, and rental yield registers 9% at a $351,100 basis. Equity gained on principal adds $2,266/yr, and annual property appreciation at 5% supports $97,002 by year five. Five-year ROI tracks 130.89% and total cumulative return in cash totals $152,339. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,633/mo property income relative to a $1,718/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
4,290 sqft lot
$N/A/sqft
$22 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87114, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,491 (100%) |
| Owner Occupied HU | 18,953 (66.5%) |
| Renter Occupied HU | 8,350 (29.3%) |
| Vacant Housing Units | 1,188 ( 4.2%) |
| Median Home Value | $338,633 |
| Average Home Value | $367,999 |
Housing Distribution
Address Breakdown
Residential
27,694
Single Family
23,313
Multi-Family
4,381
Businesses
1,030
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Listed by: N/A • N/A
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Mls ID: #N/A