1711 Park Ave SWAlbuquerqueNM87104
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 1711 Park Ave SW, Albuquerque, NM, 87104 in Albuquerque worth study. Rental yield 5.94%. The 5.94% gross yield is below cash-flow benchmarks at $1,450,000, but 5% annual appreciation, adding $400,608 over five years, frames this as a capital growth position. Rent of $7,175/mo partially offsets the $6,520/mo payment. Ziffy Mortgage finances appreciation-play properties (1.10 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $461,862.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.9% | 6.2% |
| Monthly Cash Flow | $(1,336) | $450 |
City averages based on Albuquerque market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,175 |
| Total Monthly Debt Service | $7,934 |
| DSCR Ratio | 0.90x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1979
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87104, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,370 (100%) |
| Owner Occupied HU | 3,621 (56.8%) |
| Renter Occupied HU | 2,236 (35.1%) |
| Vacant Housing Units | 513 ( 8.1%) |
| Median Home Value | $420,672 |
| Average Home Value | $472,161 |
Housing Distribution
Address Breakdown
Residential
6,079
Single Family
5,907
Multi-Family
172
Businesses
585
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
Multi Family
Built in 1979
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87104, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,370 (100%) |
| Owner Occupied HU | 3,621 (56.8%) |
| Renter Occupied HU | 2,236 (35.1%) |
| Vacant Housing Units | 513 ( 8.1%) |
| Median Home Value | $420,672 |
| Average Home Value | $472,161 |
Housing Distribution
Address Breakdown
Residential
6,079
Single Family
5,907
Multi-Family
172
Businesses
585
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joshua D Christensen • Realty One of New Mexico
Mls Name: SWMLS
Mls ID: #1097514