219 Central Ave NW SUITE 307AlbuquerqueNM87102
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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 219 Central Ave NW SUITE 307, Albuquerque, NM, 87102 offers a 7.96% rental yield on a $384,500 purchase with $2,552/mo rent. Total monthly income registers $2,552/mo, and a $1,882/mo payment leaves $295/mo available for distribution. Annual cash flow reaches $3,541/yr on $127,462 to close, and return on cash invested stands at 22.69% in year one. Equity gained on principal adds $2,481/yr while 5% annual appreciation supports $106,230 over five years. Portfolio math shows five-year ROI at 117.34% and total cumulative return in cash at $149,565. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,552/mo property income against a $1,882/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1923
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87102, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,639 (100%) |
| Owner Occupied HU | 3,796 (32.6%) |
| Renter Occupied HU | 6,413 (55.1%) |
| Vacant Housing Units | 1,430 (12.3%) |
| Median Home Value | $312,293 |
| Average Home Value | $339,998 |
Housing Distribution
Address Breakdown
Residential
10,540
Single Family
7,938
Multi-Family
2,602
Businesses
1,856
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Listed by: Thomas Gallegos • Berkshire Hathaway NM Prop
Mls Name: SWMLS
Mls ID: #1083507