1821 Dartmouth Dr NE APT 104AlbuquerqueNM87106
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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 1821 Dartmouth Dr NE APT 104, Albuquerque, NM, 87106 uses $72,101 cash to close to unlock $4,283/yr annual cash flow and $357/mo monthly cash flow. Total monthly income runs $1,634/mo, and a $1,065/mo payment keeps the spread at $357/mo. Purchase price stands at $217,500, and rental yield measures 9.02% with $1,634/mo rent. Return on cash invested shows 25.85% in year one, and 5% annual appreciation builds toward $60,091 over five years. Five-year ROI reaches 134.27% and total cumulative return in cash records $96,810. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,634/mo property income covering a $1,065/mo payment rather than investor’s personal income.
Condo
Built in 1979
N/A 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: Tina Chronis • Equity Real Estate
Mls Name: SWMLS
Mls ID: #1085770