717 Grace St NEAlbuquerqueNM87123
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 717 Grace St NE, Albuquerque, NM, 87123 at $236,600 posts ROI 30.79% with $711/mo cash flow from $2,170/mo rent. Total monthly income equals $2,170/mo, and annual cash flow records $8,531/yr on $78,433 to close. Return on cash invested measures 30.79% and rental yield reads 11.01% at the current $236,600. Equity gained on principal adds $1,527/yr, and 5% annual appreciation supports $65,368 by year five. Five-year ROI prints 161.14% and total cumulative return in cash totals $126,387.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,170/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87123, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,333 (100%) |
| Owner Occupied HU | 12,086 (59.4%) |
| Renter Occupied HU | 6,976 (34.3%) |
| Vacant Housing Units | 1,271 ( 6.3%) |
| Median Home Value | $298,147 |
| Average Home Value | $308,019 |
Housing Distribution
Address Breakdown
Residential
19,175
Single Family
16,887
Multi-Family
2,288
Businesses
801
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A