8320 River St NEAlbuquerqueNM87113
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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 8320 River St NE, Albuquerque, NM, 87113 uses $81,218 cash to close to unlock $215/yr annual cash flow and $18/mo monthly cash flow. Total monthly income runs $1,686/mo, and a $1,199/mo payment keeps the spread at $18/mo. Purchase price stands at $245,000, and rental yield measures 8.26% with $1,686/mo rent. Return on cash invested shows 20.17% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 105.07% and total cumulative return in cash records $85,332. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,686/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Manufactured
Built in 1985
4,356 sqft lot
$N/A/sqft
$160 monthly 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
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Listed by: David Harper • Placitas Realty Inc.
Mls Name: SWMLS
Mls Provider:
Mls ID: #1085772
Disclaimer: Some of the information contained herein has been provided by Southwest Multiple Listing Service, Inc. (SWMLS) This information is from sources deemed reliable but not guaranteed by SWMLS. The information is for consumers personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.