1202 Girard Blvd NEAlbuquerqueNM87106
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 1202 Girard Blvd NE, Albuquerque, NM, 87106 offers a 8.76% rental yield on a $327,400 purchase with $2,389/mo rent. Total monthly income registers $2,389/mo, and a $1,602/mo payment leaves $468/mo available for distribution. Annual cash flow reaches $5,613/yr on $108,533 to close, and return on cash invested stands at 25.08% in year one. Equity gained on principal adds $2,113/yr while 5% annual appreciation supports $90,455 over five years. Portfolio math shows five-year ROI at 130.16% and total cumulative return in cash at $141,262. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,389/mo property income against a $1,602/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
7,021 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87106, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,287 (100%) |
| Owner Occupied HU | 4,759 (33.3%) |
| Renter Occupied HU | 7,794 (54.6%) |
| Vacant Housing Units | 1,734 (12.1%) |
| Median Home Value | $361,724 |
| Average Home Value | $409,846 |
Housing Distribution
Address Breakdown
Residential
12,715
Single Family
11,900
Multi-Family
815
Businesses
1,039
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A