8735 Tierra Alegre Dr NEAlbuquerqueNM87122
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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 8735 Tierra Alegre Dr NE, Albuquerque, NM, 87122 generates $3,511/mo in rent and, after a $2,838/mo payment, leaves $16/mo in cash flow. Total monthly income is $3,511/mo, and annual cash flow is $195/yr on $190,787 invested. Return on cash invested sits at 20.16% in year one, and rental yield is 7.27% on a $579,900 entry. Equity gained on principal adds $3,742/yr, while 5% annual appreciation builds toward $160,216 over five years. Five-year ROI reaches 103.97% and total cumulative return in cash sums $198,361. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,511/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87122, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,002 (100%) |
| Owner Occupied HU | 6,624 (82.8%) |
| Renter Occupied HU | 986 (12.3%) |
| Vacant Housing Units | 392 ( 4.9%) |
| Median Home Value | $601,657 |
| Average Home Value | $645,258 |
Housing Distribution
Address Breakdown
Residential
7,271
Single Family
7,112
Multi-Family
159
Businesses
166
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Listed by: Melinda M Baisa • Berkshire Hathaway NM Prop
Mls Name: SWMLS
Mls Provider:
Mls ID: #1066014
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.