1902 Tapia Blvd SWAlbuquerqueNM87105
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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 1902 Tapia Blvd SW, Albuquerque, NM, 87105 listed at $500,000 pairs $1,379/mo rent with a $2,447/mo payment. Total monthly income runs $1,379/mo. Return on cash invested measures 8.65% in year one, and rental yield registers 3.31% at a $500,000 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,141 by year five. Five-year ROI tracks 42.03% and total cumulative return in cash totals $69,668. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,379/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1946
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87105, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,765 (100%) |
| Owner Occupied HU | 14,171 (68.2%) |
| Renter Occupied HU | 5,118 (24.6%) |
| Vacant Housing Units | 1,476 ( 7.1%) |
| Median Home Value | $275,668 |
| Average Home Value | $319,080 |
Housing Distribution
Address Breakdown
Residential
19,234
Single Family
19,151
Multi-Family
83
Businesses
857
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Listed by: Bernice Ann Gentry • Vista Encantada Realtors, LLC
Mls Name: SWMLS
Mls ID: #1097337