9024 Jasper Dr 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 9024 Jasper Dr NE, Albuquerque, NM, 87113 uses $137,573 cash to close to unlock $4,372/yr annual cash flow and $364/mo monthly cash flow. Total monthly income runs $2,800/mo, and a $2,031/mo payment keeps the spread at $364/mo. Purchase price stands at $415,000, and rental yield measures 8.1% with $2,800/mo rent. Return on cash invested shows 23.09% in year one, and 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 119.47% and total cumulative return in cash records $164,361. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,800/mo property income covering a $2,031/mo payment rather than investor’s personal income.
Single Family
Built in 1999
4,356 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: Mary Lou Thompson • Blue Lynx Realty
Mls Name: SWMLS
Mls ID: #1088864