2800 Vail Ave SE UNIT 264AlbuquerqueNM87106
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 2800 Vail Ave SE UNIT 264, Albuquerque, NM, 87106 in Albuquerque achieves a 1.69 ratio at $109,000: $829/mo rent versus $490/mo debt service. Rental yield 9.13%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 9.13% yield compounds alongside 5% annual appreciation projecting $30,115 in value. Total projected cumulative return: $35,733.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.2% |
| Monthly Cash Flow | $(105) | $450 |
City averages based on Albuquerque market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $829 |
| Total Monthly Debt Service | $890 |
| DSCR Ratio | 0.93x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1974
0.25 Acres lot
$N/A/sqft
$294 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1974
0.25 Acres lot
$N/A/sqft
$294 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Templeton RE Group • Keller Williams Realty
Mls Name: SWMLS
Mls Provider:
Mls ID: #1069825
Disclaimer: Some of the information contained herein has been provided by Southwest Multiple Listing Service, Inc. (SWMLS) This information is from sources deemed reliable but not guaranteed by SWMLS. The information is for consumers personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.