412 Tennessee St NEAlbuquerqueNM87108
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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 412 Tennessee St NE, Albuquerque, NM, 87108 with 5% annual appreciation on a $155,633 basis while $1,902/mo rent supports operations. Total monthly income totals $1,902/mo and a $762/mo payment preserves $893/mo for cash returns. Annual cash flow comes to $10,714/yr on $51,592 deployed, and return on cash invested reaches 40.67% in year one. Equity gained on principal adds $1,004/yr, and five-year appreciation sums $42,999 alongside rental yield of 14.67%. Five-year ROI measures 214.61% and total cumulative return in cash totals $110,722.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,902/mo property income versus a $762/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1959
6,751 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87108, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,705 (100%) |
| Owner Occupied HU | 6,043 (30.7%) |
| Renter Occupied HU | 11,515 (58.4%) |
| Vacant Housing Units | 2,147 (10.9%) |
| Median Home Value | $284,443 |
| Average Home Value | $312,083 |
Housing Distribution
Address Breakdown
Residential
18,041
Single Family
15,492
Multi-Family
2,549
Businesses
1,322
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