1100 Alvarado Dr SE APT 108AlbuquerqueNM87108
Nearby investment properties with comparable rents
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
Investment property for sale in Albuquerque at 1100 Alvarado Dr SE APT 108, Albuquerque, NM, 87108 offers a 11.45% rental yield on a $135,000 purchase with $1,288/mo rent. Total monthly income registers $1,288/mo, and a $661/mo payment leaves $495/mo available for distribution. Annual cash flow reaches $5,944/yr on $44,753 to close, and return on cash invested stands at 33.19% in year one. Equity gained on principal adds $871/yr while 5% annual appreciation supports $37,298 over five years. Portfolio math shows five-year ROI at 173.73% and total cumulative return in cash at $77,749. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,288/mo property income against a $661/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1965
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Troy M Rivas • Home Authority
Mls Name: SWMLS
Mls ID: #1095401