422 Vassar Dr 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
Rental property for sale in Albuquerque at 422 Vassar Dr SE, Albuquerque, NM, 87106 priced at $440,000 pairs $1,756/mo rent with after a $2,154/mo payment. Total monthly income equals $1,756/mo. Return on cash invested is 11.92% in year one, and rental yield stands at 4.79% on a $440,000 basis. Equity gained on principal adds $2,839/yr, and 5% annual appreciation accumulates to $121,564 by year five. Five-year ROI measures 60.04% and total cumulative return in cash reaches $87,574. For financing, Ziffy Mortgage’s DSCR program evaluates $1,756/mo property income against a $2,154/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1932
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: Jessica G Schroeder • Albuquerque Property Mgmt
Mls Name: SWMLS
Mls Provider:
Mls ID: #1071778
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.