9516 San Rafael Ave NEAlbuquerqueNM87109
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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 9516 San Rafael Ave NE, Albuquerque, NM, 87109 uses $176,015 cash to close to unlock $1,312/yr annual cash flow and $109/mo monthly cash flow. Total monthly income runs $3,250/mo, and a $2,619/mo payment keeps the spread at $109/mo. Purchase price stands at $535,000, and rental yield measures 7.29% with $3,250/mo rent. Return on cash invested shows 20.81% in year one, and 5% annual appreciation builds toward $147,811 over five years. Five-year ROI reaches 107.2% and total cumulative return in cash records $188,692. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,250/mo property income covering a $2,619/mo payment rather than investor’s personal income.
Single Family
Built in 1986
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87109, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,679 (100%) |
| Owner Occupied HU | 10,271 (52.2%) |
| Renter Occupied HU | 8,202 (41.7%) |
| Vacant Housing Units | 1,206 ( 6.1%) |
| Median Home Value | $327,554 |
| Average Home Value | $335,343 |
Housing Distribution
Address Breakdown
Residential
19,483
Single Family
16,388
Multi-Family
3,095
Businesses
2,231
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Listed by: Morgan Cannaday • Ida Kelly Realtors
Mls Name: SWMLS
Mls ID: #1090916