214 Pine St SEAlbuquerqueNM87106
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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 214 Pine St SE, Albuquerque, NM, 87106 offers $2,640/mo rent that, after a $2,247/mo payment. Total monthly income is $2,640/mo. Return on cash invested measures 19.48% in year one, and rental yield stands at 6.9% at a $459,000 entry. Equity gained on principal adds $2,962/yr while 5% annual appreciation compounds into $126,813 by year five. Five-year ROI records 100.12% and total cumulative return in cash reaches $152,339. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,640/mo property income versus a $2,247/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1929
6,534 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: Eithne E Johnson • Realty One of New Mexico
Mls Name: SWMLS
Mls ID: #1094882