204 Garcia Rd NEAlbuquerqueNM87113
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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
Rental property for sale in Albuquerque at 204 Garcia Rd NE, Albuquerque, NM, 87113 priced at $269,900 pairs $1,817/mo rent with $233/mo cash flow after a $1,321/mo payment. Total monthly income equals $1,817/mo, and annual cash flow comes to $2,794/yr on $89,472 invested. Return on cash invested is 23.03% in year one, and rental yield stands at 8.08% on a $269,900 basis. Equity gained on principal adds $1,742/yr, and 5% annual appreciation accumulates to $74,568 by year five. Five-year ROI measures 119.17% and total cumulative return in cash reaches $106,626. For financing, Ziffy Mortgage’s DSCR program evaluates $1,817/mo property income against a $1,321/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1951
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87113, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,157 (100%) |
| Owner Occupied HU | 4,448 (62.1%) |
| Renter Occupied HU | 2,272 (31.7%) |
| Vacant Housing Units | 437 ( 6.1%) |
| Median Home Value | $368,198 |
| Average Home Value | $396,826 |
Housing Distribution
Address Breakdown
Residential
7,043
Single Family
5,816
Multi-Family
1,227
Businesses
1,013
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Listed by: Todd A Havens • Berkshire Hathaway Home Svc NM
Mls Name: SWMLS
Mls ID: #1096051