1320 Stanford Dr NEAlbuquerqueNM87106
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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
Rental property for sale in Albuquerque at 1320 Stanford Dr NE, Albuquerque, NM, 87106 generates $2,707/mo in rent and, after a $2,080/mo payment, leaves $213/mo in cash flow. Total monthly income is $2,707/mo, and annual cash flow is $2,552/yr on $140,888 invested. Return on cash invested sits at 21.72% in year one, and rental yield is 7.64% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 112.14% and total cumulative return in cash sums $157,985. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,707/mo property income rather than buyer’s personal income.
Single Family
Built in 1945
5,227 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
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Listed by: Remington Properties LLC • Realty One of New Mexico
Mls Name: SWMLS
Mls ID: #1094667