6608 Cuervo Pl 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 6608 Cuervo Pl NW, Albuquerque, NM, 87120 offers a 2.54% rental yield on a $1,699,999 purchase with $3,598/mo rent. 47% in year one. Equity gained on principal adds $10,970/yr while 5% annual appreciation supports $469,678 over five years. Portfolio math shows five-year ROI at 30.24% and total cumulative return in cash at $166,579. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,598/mo property income against a $8,321/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
0.55 Acres 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: K2 Omni Group • EXP Realty, LLC
Mls Name: SWMLS
Mls ID: #1094249