8311 Calle Avion NEAlbuquerqueNM87113
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 8311 Calle Avion NE, Albuquerque, NM, 87113 in Albuquerque is listed at $323,000 and delivers $2,356/mo in rent and $460/mo in net monthly cash flow. The 8.75% yield and 1.62 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $89,239 over five years, and $2,975/yr in principal reduction supplements cash return. Total projected cumulative return: $151,713.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 6.2% |
| Monthly Cash Flow | $460 | $450 |
City averages based on Albuquerque market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,356 |
| Total Monthly Debt Service | $1,767 |
| DSCR Ratio | 1.33x |
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.
Townhouse
Built in 1999
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87113, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,157 (100%) |
| Owner Occupied HU | 4,448 (62.1%) |
| Renter Occupied HU | 2,272 (31.7%) |
| Vacant Housing Units | 437 ( 6.1%) |
| Median Home Value | $368,198 |
| Average Home Value | $396,826 |
Housing Distribution
Address Breakdown
Residential
7,043
Single Family
5,816
Multi-Family
1,227
Businesses
1,013
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
Townhouse
Built in 1999
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87113, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,157 (100%) |
| Owner Occupied HU | 4,448 (62.1%) |
| Renter Occupied HU | 2,272 (31.7%) |
| Vacant Housing Units | 437 ( 6.1%) |
| Median Home Value | $368,198 |
| Average Home Value | $396,826 |
Housing Distribution
Address Breakdown
Residential
7,043
Single Family
5,816
Multi-Family
1,227
Businesses
1,013
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Temi J Howard • Berkshire Hathaway NM Prop
Mls Name: SWMLS
Mls ID: #1096998