1331 Park Ave SW UNIT 907AlbuquerqueNM87102
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 1331 Park Ave SW UNIT 907, Albuquerque, NM, 87102 offers a 9.69% rental yield on a $249,000 purchase with $2,011/mo rent. Total monthly income registers $2,011/mo, and a $1,219/mo payment leaves $549/mo available for distribution. Annual cash flow reaches $6,591/yr on $82,544 to close, and return on cash invested stands at 27.89% in year one. Equity gained on principal adds $1,607/yr while 5% annual appreciation supports $68,794 over five years. Portfolio math shows five-year ROI at 145.29% and total cumulative return in cash at $119,924. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,011/mo property income against a $1,219/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1963
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87102, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,639 (100%) |
| Owner Occupied HU | 3,796 (32.6%) |
| Renter Occupied HU | 6,413 (55.1%) |
| Vacant Housing Units | 1,430 (12.3%) |
| Median Home Value | $312,293 |
| Average Home Value | $339,998 |
Housing Distribution
Address Breakdown
Residential
10,540
Single Family
7,938
Multi-Family
2,602
Businesses
1,856
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan H Rogers • Coldwell Banker Legacy
Mls Name: SWMLS
Mls ID: #1095673