413 Princeton Dr SEAlbuquerqueNM87106
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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
Investment Highlights
Investment property for sale in Albuquerque at 413 Princeton Dr SE, Albuquerque, NM, 87106 at $199,500 posts ROI 20.44% with $29/mo cash flow from $1,200/mo rent. Total monthly income equals $1,200/mo, and annual cash flow records $354/yr on $66,134 to close. Return on cash invested measures 20.44% and rental yield reads 7.22% at the current $199,500. Equity gained on principal adds $1,287/yr, and 5% annual appreciation supports $55,118 by year five. Five-year ROI prints 105.31% and total cumulative return in cash totals $69,643.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,200/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1939
6,969 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: Morris J Albert • Majama, LLC
Mls Name: SWMLS
Mls ID: #1090251