7413 Target Ln NWAlbuquerqueNM87120
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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 7413 Target Ln NW, Albuquerque, NM, 87120 generates $2,965/mo in rent and, after a $2,080/mo payment, leaves $471/mo in cash flow. Total monthly income is $2,965/mo, and annual cash flow is $5,648/yr on $140,888 invested. Return on cash invested sits at 23.92% in year one, and rental yield is 8.37% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 123.92% and total cumulative return in cash sums $174,581. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,965/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87120, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,486 (100%) |
| Owner Occupied HU | 20,407 (74.2%) |
| Renter Occupied HU | 6,121 (22.3%) |
| Vacant Housing Units | 958 ( 3.5%) |
| Median Home Value | $328,102 |
| Average Home Value | $357,306 |
Housing Distribution
Address Breakdown
Residential
27,101
Single Family
24,543
Multi-Family
2,558
Businesses
696
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Listed by: Stacie Marie Ivey • Coldwell Banker Legacy
Mls Name: SWMLS
Mls ID: #1096534