8008 San Joaquin Ave SEAlbuquerqueNM87108
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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 8008 San Joaquin Ave SE, Albuquerque, NM, 87108 generates $1,710/mo in rent and, after a $1,170/mo payment, leaves $307/mo in cash flow. Total monthly income is $1,710/mo, and annual cash flow is $3,684/yr on $79,229 invested. Return on cash invested sits at 24.56% in year one, and rental yield is 8.59% on a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 127.35% and total cumulative return in cash sums $100,896. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,710/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87108, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,705 (100%) |
| Owner Occupied HU | 6,043 (30.7%) |
| Renter Occupied HU | 11,515 (58.4%) |
| Vacant Housing Units | 2,147 (10.9%) |
| Median Home Value | $284,443 |
| Average Home Value | $312,083 |
Housing Distribution
Address Breakdown
Residential
18,041
Single Family
15,492
Multi-Family
2,549
Businesses
1,322
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Listed by: Sherry A Gray • River Valley Realty, LLC
Mls Name: SWMLS
Mls ID: #1096488