649 Camino Floretta NWAlbuquerqueNM87107
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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 649 Camino Floretta NW, Albuquerque, NM, 87107 priced at $265,000 pairs $2,012/mo rent with $457/mo cash flow after a $1,297/mo payment. Total monthly income equals $2,012/mo, and annual cash flow comes to $5,479/yr on $87,848 invested. Return on cash invested is 26.15% in year one, and rental yield stands at 9.11% on a $265,000 basis. Equity gained on principal adds $1,710/yr, and 5% annual appreciation accumulates to $73,215 by year five. Five-year ROI measures 135.88% and total cumulative return in cash reaches $119,367. For financing, Ziffy Mortgage’s DSCR program evaluates $2,012/mo property income against a $1,297/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1978
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87107, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,518 (100%) |
| Owner Occupied HU | 8,689 (59.8%) |
| Renter Occupied HU | 4,796 (33.0%) |
| Vacant Housing Units | 1,033 ( 7.1%) |
| Median Home Value | $369,393 |
| Average Home Value | $433,075 |
Housing Distribution
Address Breakdown
Residential
13,408
Single Family
12,589
Multi-Family
819
Businesses
2,177
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Listed by: Marcos Santiago Rivera • Coldwell Banker Legacy
Mls Name: SWMLS
Mls ID: #1092879