7220 Lake Tahoe Rd 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 7220 Lake Tahoe Rd NW, Albuquerque, NM, 87114 generates $3,166/mo in rent and, after a $2,266/mo payment, leaves $200/mo in cash flow. Total monthly income is $3,166/mo, and annual cash flow is $2,406/yr on $153,485 invested. Return on cash invested sits at 21.48% in year one, and rental yield is 8.21% on a $463,000 entry. Equity gained on principal adds $2,988/yr, while 5% annual appreciation builds toward $127,918 over five years. Five-year ROI reaches 111.53% and total cumulative return in cash sums $171,187. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,166/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
7,884 sqft lot
$N/A/sqft
$22 monthly 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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