1015 Via Tomas 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 1015 Via Tomas NE, Albuquerque, NM, 87113 uses $155,805 cash to close to unlock $12/yr annual cash flow and $1/mo monthly cash flow. Total monthly income runs $2,828/mo, and a $2,300/mo payment keeps the spread at $1/mo. Purchase price stands at $470,000, and rental yield measures 7.22% with $2,828/mo rent. Return on cash invested shows 19.92% in year one, and 5% annual appreciation builds toward $129,852 over five years. Five-year ROI reaches 102.63% and total cumulative return in cash records $159,909. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,828/mo property income covering a $2,300/mo payment rather than investor’s personal income.
Single Family
Built in 2002
6,534 sqft lot
$N/A/sqft
$180 semi-annually 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: Adam Dan Gaitan • Coldwell Banker Legacy
Mls Name: SWMLS
Mls Provider:
Mls ID: #1083404
Disclaimer: Some of the information contained herein has been provided by Southwest Multiple Listing Service, Inc. (SWMLS) This information is from sources deemed reliable but not guaranteed by SWMLS. The information is for consumers personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.