9021 Modesto Ave NEAlbuquerqueNM87122
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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 9021 Modesto Ave NE, Albuquerque, NM, 87122 listed at $160,000 pairs $3,050/mo rent with a $783/mo payment to leave $1,988/mo cash flow. Total monthly income runs $3,050/mo, and annual cash flow reaches $23,855/yr on $53,040 cash to close. Return on cash invested measures 64.88% in year one, and rental yield registers 22.88% at a $160,000 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,205 by year five. Five-year ROI tracks 344.62% and total cumulative return in cash totals $182,786. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,050/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in N/A
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87122, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,002 (100%) |
| Owner Occupied HU | 6,624 (82.8%) |
| Renter Occupied HU | 986 (12.3%) |
| Vacant Housing Units | 392 ( 4.9%) |
| Median Home Value | $601,657 |
| Average Home Value | $645,258 |
Housing Distribution
Address Breakdown
Residential
7,271
Single Family
7,112
Multi-Family
159
Businesses
166
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Listed by: N/A • N/A
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Mls ID: #N/A