7304 Tolleson Ave NWAlbuquerqueNM87114
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 7304 Tolleson Ave NW, Albuquerque, NM, 87114 priced at $307,500 pairs $2,441/mo rent with $609/mo cash flow after a $1,505/mo payment. Total monthly income equals $2,441/mo, and annual cash flow comes to $7,303/yr on $101,936 invested. Return on cash invested is 27.07% in year one, and rental yield stands at 9.53% on a $307,500 basis. Equity gained on principal adds $1,984/yr, and 5% annual appreciation accumulates to $84,957 by year five. Five-year ROI measures 140.96% and total cumulative return in cash reaches $143,691. For financing, Ziffy Mortgage’s DSCR program evaluates $2,441/mo property income against a $1,505/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
4,356 sqft lot
$N/A/sqft
$75 quarterly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tasharus Williams Treadwell • Coldwell Banker Legacy
Mls Name: SWMLS
Mls Provider:
Mls ID: #1084077
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.