217 Espejo St NEAlbuquerqueNM87123
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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 217 Espejo St NE, Albuquerque, NM, 87123 with 5% annual appreciation on a $290,000 basis while $2,563/mo rent supports operations. Total monthly income totals $2,563/mo and a $1,419/mo payment preserves $861/mo for cash returns. Annual cash flow comes to $10,335/yr on $96,135 deployed, and return on cash invested reaches 30.66% in year one. Equity gained on principal adds $1,871/yr, and five-year appreciation sums $80,122 alongside rental yield of 10.61%. Five-year ROI measures 160.12% and total cumulative return in cash totals $153,928.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,563/mo property income versus a $1,419/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1977
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87123, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,333 (100%) |
| Owner Occupied HU | 12,086 (59.4%) |
| Renter Occupied HU | 6,976 (34.3%) |
| Vacant Housing Units | 1,271 ( 6.3%) |
| Median Home Value | $298,147 |
| Average Home Value | $308,019 |
Housing Distribution
Address Breakdown
Residential
19,175
Single Family
16,887
Multi-Family
2,288
Businesses
801
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Listed by: Wesley A. Baiett • Coldwell Banker Legacy
Mls Name: SWMLS
Mls ID: #1092341