6908 Tempe Ave NWAlbuquerqueNM87114
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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 6908 Tempe Ave NW, Albuquerque, NM, 87114 generates $2,749/mo in rent and, after a $2,203/mo payment, leaves $107/mo in cash flow. Total monthly income is $2,749/mo, and annual cash flow is $1,287/yr on $149,175 invested. Return on cash invested sits at 20.77% in year one, and rental yield is 7.33% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 107.07% and total cumulative return in cash sums $159,726. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,749/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
4,791 sqft 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: The Staton Group Homes • Keller Williams Realty
Mls Name: SWMLS
Mls ID: #1093566