6916 Ray Ln SWAlbuquerqueNM87121
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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 6916 Ray Ln SW, Albuquerque, NM, 87121 earns $350/mo cash flow from $2,873/mo rent with a $2,104/mo payment. Total monthly income totals $2,873/mo, and annual cash flow totals $4,198/yr on $142,512 capital. ROI tracks 22.85% on current figures, and rental yield reads 8.02% at a $429,900 purchase. Equity gained on principal adds $2,774/yr, and 5% annual appreciation supports $118,773 over five years. Five-year ROI reaches 118.22% and total cumulative return in cash sums $168,475. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,873/mo property income instead of your personal income.
Manufactured
Built in 1996
1.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87121, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,762 (100%) |
| Owner Occupied HU | 19,384 (72.4%) |
| Renter Occupied HU | 6,066 (22.7%) |
| Vacant Housing Units | 1,312 ( 4.9%) |
| Median Home Value | $208,318 |
| Average Home Value | $228,533 |
Housing Distribution
Address Breakdown
Residential
25,550
Single Family
24,031
Multi-Family
1,519
Businesses
807
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Listed by: Leticia Veloz • Sol A Sol Real Estate LLC
Mls Name: SWMLS
Mls ID: #1088480