8509 Rancho Santa Fe Pl 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 8509 Rancho Santa Fe Pl NE, Albuquerque, NM, 87113 listed at $479,000 pairs $2,785/mo rent with a $2,344/mo payment. Total monthly income runs $2,785/mo. Return on cash invested measures 19.71% in year one, and rental yield registers 6.98% at a $479,000 basis. Equity gained on principal adds $3,091/yr, and annual property appreciation at 5% supports $132,339 by year five. Five-year ROI tracks 101.35% and total cumulative return in cash totals $160,935. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,785/mo property income relative to a $2,344/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
6,534 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
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Listed by: Steffan L Walters • New Mexico Home Group Real Est
Mls Name: SWMLS
Mls ID: #1097244