9905 Wagon Gate Trl SWAlbuquerqueNM87121
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Nearby investment properties with comparable prices
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 9905 Wagon Gate Trl SW, Albuquerque, NM, 87121 generates $2,779/mo in rent and, after a $1,640/mo payment, leaves $812/mo in cash flow. Total monthly income is $2,779/mo, and annual cash flow is $9,749/yr on $111,053 invested. Return on cash invested sits at 28.69% in year one, and rental yield is 9.95% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 149.52% and total cumulative return in cash sums $166,040. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,779/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
6,969 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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Listed by: Iris Miramontes Garcia • Coldwell Banker Legacy
Mls Name: SWMLS
Mls ID: #1087322