3417 Thaxton Ave SEAlbuquerqueNM87106
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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 3417 Thaxton Ave SE, Albuquerque, NM, 87106 with 5% annual appreciation on a $438,100 basis while $1,760/mo rent supports operations. 72% in year one. Equity gained on principal adds $2,827/yr, and five-year appreciation sums $121,039 alongside rental yield of 4.82%. Five-year ROI measures 64.04% and total cumulative return in cash totals $93,002. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,760/mo property income versus a $2,144/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1962
7,013 sqft lot
$N/A/sqft
No 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
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Listed by: N/A • N/A
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