822 Lewis Ave SWAlbuquerqueNM87102
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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 822 Lewis Ave SW, Albuquerque, NM, 87102 at $219,000 posts ROI 21.27% with $82/mo cash flow from $1,368/mo rent. Total monthly income equals $1,368/mo, and annual cash flow records $990/yr on $72,599 to close. Return on cash invested measures 21.27% and rental yield reads 7.5% at the current $219,000. Equity gained on principal adds $1,413/yr, and 5% annual appreciation supports $60,506 by year five. Five-year ROI prints 109.77% and total cumulative return in cash totals $79,689.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,368/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87102, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,639 (100%) |
| Owner Occupied HU | 3,796 (32.6%) |
| Renter Occupied HU | 6,413 (55.1%) |
| Vacant Housing Units | 1,430 (12.3%) |
| Median Home Value | $312,293 |
| Average Home Value | $339,998 |
Housing Distribution
Address Breakdown
Residential
10,540
Single Family
7,938
Multi-Family
2,602
Businesses
1,856
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Listed by: Marie S Everett • Keller Williams Realty
Mls Name: SWMLS
Mls ID: #1089528