6709 Suerte Pl NEAlbuquerqueNM87113
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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 6709 Suerte Pl NE, Albuquerque, NM, 87113 generates $3,245/mo in rent, after a $3,034/mo payment. Total monthly income is $3,245/mo. Return on cash invested sits at 17.75% in year one, and rental yield is 6.28% on a $619,900 entry. Equity gained on principal adds $4,000/yr, while 5% annual appreciation builds toward $171,267 over five years. Five-year ROI reaches 90.79% and total cumulative return in cash sums $185,168. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,245/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87113, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,157 (100%) |
| Owner Occupied HU | 4,448 (62.1%) |
| Renter Occupied HU | 2,272 (31.7%) |
| Vacant Housing Units | 437 ( 6.1%) |
| Median Home Value | $368,198 |
| Average Home Value | $396,826 |
Housing Distribution
Address Breakdown
Residential
7,043
Single Family
5,816
Multi-Family
1,227
Businesses
1,013
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Listed by: Nathan W Smith • Realty Executives Advantage
Mls Name: SWMLS
Mls ID: #1096509