704 Nicklaus Dr 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 704 Nicklaus Dr SW, Albuquerque, NM, 87121 uses $105,384 cash to close to unlock $11,425/yr annual cash flow and $952/mo monthly cash flow. Total monthly income runs $2,818/mo, and a $1,556/mo payment keeps the spread at $952/mo. Purchase price stands at $317,900, and rental yield measures 10.64% with $2,818/mo rent. Return on cash invested shows 30.75% in year one, and 5% annual appreciation builds toward $87,830 over five years. Five-year ROI reaches 160.6% and total cumulative return in cash records $169,252. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,818/mo property income covering a $1,556/mo payment rather than investor’s personal income.
Single Family
Built in 2004
4,791 sqft 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: Medina Real Estate Inc • Keller Williams Realty
Mls Name: SWMLS
Mls ID: #1092812