1423 Edith Blvd SEAlbuquerqueNM87102
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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
Investment property for sale in Albuquerque at 1423 Edith Blvd SE, Albuquerque, NM, 87102 uses $124,313 cash to close to unlock $6,052/yr annual cash flow and $504/mo monthly cash flow. Total monthly income runs $2,705/mo, and a $1,835/mo payment keeps the spread at $504/mo. Purchase price stands at $375,000, and rental yield measures 8.66% with $2,705/mo rent. Return on cash invested shows 24.78% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 128.55% and total cumulative return in cash records $159,807. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,705/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Multi Family
Built in 1959
3,920 sqft 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
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Listed by: Annette A. Baca • Coldwell Banker Legacy
Mls Name: SWMLS
Mls ID: #1096985