704 Laguna Blvd SWAlbuquerqueNM87104
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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
Total monthly income runs $4,147/mo, and a $4,283/mo payment. Purchase price stands at $875,000, and rental yield measures 5.69% with $4,147/mo rent. Return on cash invested shows 15.71% in year one, and 5% annual appreciation builds toward $241,746 over five years. Five-year ROI reaches 79.96% and total cumulative return in cash records $230,171. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,147/mo property income covering a $4,283/mo payment rather than investor’s personal income.
Single Family
Built in 2012
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87104, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,370 (100%) |
| Owner Occupied HU | 3,621 (56.8%) |
| Renter Occupied HU | 2,236 (35.1%) |
| Vacant Housing Units | 513 ( 8.1%) |
| Median Home Value | $420,672 |
| Average Home Value | $472,161 |
Housing Distribution
Address Breakdown
Residential
6,079
Single Family
5,907
Multi-Family
172
Businesses
585
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Listed by: Alicia Feil • Keller Williams Realty
Mls Name: SWMLS
Mls Provider:
Mls ID: #1082551
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.