916 Dakota St SEAlbuquerqueNM87108
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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 916 Dakota St SE, Albuquerque, NM, 87108 uses $92,157 cash to close to unlock $9,335/yr annual cash flow and $778/mo monthly cash flow. Total monthly income runs $2,410/mo, and a $1,361/mo payment keeps the spread at $778/mo. Purchase price stands at $278,000, and rental yield measures 10.4% with $2,410/mo rent. Return on cash invested shows 30.04% in year one, and 5% annual appreciation builds toward $76,806 over five years. Five-year ROI reaches 156.74% and total cumulative return in cash records $144,449. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,410/mo property income covering a $1,361/mo payment rather than investor’s personal income.
Single Family
Built in 1951
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87108, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,705 (100%) |
| Owner Occupied HU | 6,043 (30.7%) |
| Renter Occupied HU | 11,515 (58.4%) |
| Vacant Housing Units | 2,147 (10.9%) |
| Median Home Value | $284,443 |
| Average Home Value | $312,083 |
Housing Distribution
Address Breakdown
Residential
18,041
Single Family
15,492
Multi-Family
2,549
Businesses
1,322
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Listed by: Tara Jones • Opendoor Brokerage, LLC
Mls Name: SWMLS
Mls ID: #1089298