413 Tahoe Pl NEAlbuquerqueNM87107
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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 413 Tahoe Pl NE, Albuquerque, NM, 87107 earns $868/mo cash flow from $2,453/mo rent with a $1,322/mo payment. Total monthly income totals $2,453/mo, and annual cash flow totals $10,413/yr on $89,505 capital. ROI tracks 31.54% on current figures, and rental yield reads 10.9% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 164.83% and total cumulative return in cash sums $147,529. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,453/mo property income instead of your personal income.
Single Family
Built in 1985
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87107, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,518 (100%) |
| Owner Occupied HU | 8,689 (59.8%) |
| Renter Occupied HU | 4,796 (33.0%) |
| Vacant Housing Units | 1,033 ( 7.1%) |
| Median Home Value | $369,393 |
| Average Home Value | $433,075 |
Housing Distribution
Address Breakdown
Residential
13,408
Single Family
12,589
Multi-Family
819
Businesses
2,177
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Listed by: Donald Lee Slack • Coldwell Banker Legacy
Mls Name: SWMLS
Mls ID: #1091160