6668 Elwood Dr NWLos Ranchos De AlbuquerqueNM87107
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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 Los Ranchos De Albuquerque at 6668 Elwood Dr NW, Los Ranchos De Albuquerque, NM, 87107 earns $971/mo cash flow from $2,986/mo rent with a $1,680/mo payment. Total monthly income totals $2,986/mo, and annual cash flow totals $11,657/yr on $113,771 capital. ROI tracks 30.15% on current figures, and rental yield reads 10.44% at a $343,200 purchase. Equity gained on principal adds $2,215/yr, and 5% annual appreciation supports $94,820 over five years. Five-year ROI reaches 157.4% and total cumulative return in cash sums $179,079. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,986/mo property income instead of your personal income.
Single Family
Built in 1956
0.41 Acres 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: Ricquel J Padilla • Realty One of New Mexico
Mls Name: SWMLS
Mls ID: #1083144