8020 Corona Ave NEAlbuquerqueNM87122
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 8020 Corona Ave NE, Albuquerque, NM, 87122 in Albuquerque is a conservative rental investment at $544,500. Rental yield 6.86%. A 1.27 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $150,435; $5,015/yr in principal paydown supplements. Total projected return: $200,508.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.9% | 6.2% |
| Monthly Cash Flow | $(82) | $450 |
City averages based on Albuquerque market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,114 |
| Total Monthly Debt Service | $2,979 |
| DSCR Ratio | 1.05x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1992
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87122, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,002 (100%) |
| Owner Occupied HU | 6,624 (82.8%) |
| Renter Occupied HU | 986 (12.3%) |
| Vacant Housing Units | 392 ( 4.9%) |
| Median Home Value | $601,657 |
| Average Home Value | $645,258 |
Housing Distribution
Address Breakdown
Residential
7,271
Single Family
7,112
Multi-Family
159
Businesses
166
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
Single Family
Built in 1992
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87122, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,002 (100%) |
| Owner Occupied HU | 6,624 (82.8%) |
| Renter Occupied HU | 986 (12.3%) |
| Vacant Housing Units | 392 ( 4.9%) |
| Median Home Value | $601,657 |
| Average Home Value | $645,258 |
Housing Distribution
Address Breakdown
Residential
7,271
Single Family
7,112
Multi-Family
159
Businesses
166
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: SWMLS
Mls ID: #1096361