2701 Garcia St NEAlbuquerqueNM87112
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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 2701 Garcia St NE, Albuquerque, NM, 87112 offers a 10.01% rental yield on a $290,000 purchase with $2,418/mo rent. Total monthly income registers $2,418/mo, and a $1,419/mo payment leaves $716/mo available for distribution. Annual cash flow reaches $8,595/yr on $96,135 to close, and return on cash invested stands at 28.85% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,122 over five years. Portfolio math shows five-year ROI at 150.41% and total cumulative return in cash at $144,592. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,418/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87112, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,832 (100%) |
| Owner Occupied HU | 12,016 (60.6%) |
| Renter Occupied HU | 6,662 (33.6%) |
| Vacant Housing Units | 1,154 ( 5.8%) |
| Median Home Value | $292,317 |
| Average Home Value | $319,321 |
Housing Distribution
Address Breakdown
Residential
19,484
Single Family
17,393
Multi-Family
2,091
Businesses
1,107
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Listed by: Thelma Y Ibarra • Ibarra Real Estate Group
Mls Name: SWMLS
Mls ID: #1095342