213 Vassar Dr SE APT BAlbuquerqueNM87106
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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 213 Vassar Dr SE APT B, Albuquerque, NM, 87106 priced at $384,000 pairs $1,440/mo rent with after a $1,879/mo payment. Total monthly income equals $1,440/mo. Return on cash invested is 12.24% in year one, and rental yield stands at 4.5% on a $384,000 basis. Equity gained on principal adds $2,478/yr, and 5% annual appreciation accumulates to $106,092 by year five. Five-year ROI measures 61.31% and total cumulative return in cash reaches $78,044. For financing, Ziffy Mortgage’s DSCR program evaluates $1,440/mo property income against a $1,879/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2008
3,484 sqft 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: Jasmin Sanchez • EXP Realty LLC
Mls Name: SWMLS
Mls ID: #1083100