2334 Rio Grande Blvd NWAlbuquerqueNM87104
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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
Total monthly income runs $1,882/mo, and a $1,711/mo payment. Purchase price stands at $349,500, and rental yield measures 6.46% with $1,882/mo rent. Return on cash invested shows 18.15% in year one, and 5% annual appreciation builds toward $96,560 over five years. Five-year ROI reaches 93.03% and total cumulative return in cash records $107,785. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,882/mo property income covering a $1,711/mo payment rather than investor’s personal income.
Townhouse
Built in 1936
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87104, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,370 (100%) |
| Owner Occupied HU | 3,621 (56.8%) |
| Renter Occupied HU | 2,236 (35.1%) |
| Vacant Housing Units | 513 ( 8.1%) |
| Median Home Value | $420,672 |
| Average Home Value | $472,161 |
Housing Distribution
Address Breakdown
Residential
6,079
Single Family
5,907
Multi-Family
172
Businesses
585
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Listed by: Venturi Realty Group • Real Broker, LLC
Mls Name: SWMLS
Mls ID: #1097381