4801 Irving Blvd NW UNIT 2902AlbuquerqueNM87114
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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 4801 Irving Blvd NW UNIT 2902, Albuquerque, NM, 87114 offers a 10.76% rental yield on a $210,000 purchase with $1,883/mo rent. Total monthly income registers $1,883/mo, and a $1,028/mo payment leaves $650/mo available for distribution. Annual cash flow reaches $7,803/yr on $69,615 to close, and return on cash invested stands at 31.12% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 162.59% and total cumulative return in cash at $113,188. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,883/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1999
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87114, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,491 (100%) |
| Owner Occupied HU | 18,953 (66.5%) |
| Renter Occupied HU | 8,350 (29.3%) |
| Vacant Housing Units | 1,188 ( 4.2%) |
| Median Home Value | $338,633 |
| Average Home Value | $367,999 |
Housing Distribution
Address Breakdown
Residential
27,694
Single Family
23,313
Multi-Family
4,381
Businesses
1,030
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Listed by: Faithe Real Estate Group • Keller Williams Realty
Mls Name: SWMLS
Mls ID: #1096424