8930 Thor Rd SWAlbuquerqueNM87121
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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
Rental property for sale in Albuquerque at 8930 Thor Rd SW, Albuquerque, NM, 87121 offers $2,296/mo rent that, after a $1,517/mo payment, leaves $477/mo cash flow. Total monthly income is $2,296/mo, and annual cash flow is $5,721/yr on $102,765 cash. Return on cash invested measures 25.48% in year one, and rental yield stands at 8.89% at a $310,000 entry. Equity gained on principal adds $2,000/yr while 5% annual appreciation compounds into $85,647 by year five. Five-year ROI records 132.29% and total cumulative return in cash reaches $135,943. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,296/mo property income versus a $1,517/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1998
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87121, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,762 (100%) |
| Owner Occupied HU | 19,384 (72.4%) |
| Renter Occupied HU | 6,066 (22.7%) |
| Vacant Housing Units | 1,312 ( 4.9%) |
| Median Home Value | $208,318 |
| Average Home Value | $228,533 |
Housing Distribution
Address Breakdown
Residential
25,550
Single Family
24,031
Multi-Family
1,519
Businesses
807
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Nearby investment properties with comparable prices
Listed by: Hardern & Associates • EXP Realty LLC
Mls Name: SWMLS
Mls ID: #1083682