12208 Eastridge Dr NEAlbuquerqueNM87112
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 12208 Eastridge Dr NE, Albuquerque, NM, 87112 offers a 7.26% rental yield on a $489,000 purchase with $2,958/mo rent. Total monthly income registers $2,958/mo, and a $2,393/mo payment leaves $88/mo available for distribution. Annual cash flow reaches $1,059/yr on $162,104 to close, and return on cash invested stands at 20.56% in year one. Equity gained on principal adds $3,155/yr while 5% annual appreciation supports $135,102 over five years. Portfolio math shows five-year ROI at 105.95% and total cumulative return in cash at $171,742. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,958/mo property income against a $2,393/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87112, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,832 (100%) |
| Owner Occupied HU | 12,016 (60.6%) |
| Renter Occupied HU | 6,662 (33.6%) |
| Vacant Housing Units | 1,154 ( 5.8%) |
| Median Home Value | $292,317 |
| Average Home Value | $319,321 |
Housing Distribution
Address Breakdown
Residential
19,484
Single Family
17,393
Multi-Family
2,091
Businesses
1,107
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicole L Golino • Nino Trujillo & Company, Inc.
Mls Name: SWMLS
Mls ID: #1094817