8912 Rio Grande Blvd 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 8912 Rio Grande Blvd NW, Albuquerque, NM, 87114 generates $6,605/mo in rent, after a $6,485/mo payment. Total monthly income is $6,605/mo. Return on cash invested sits at 17.09% in year one, and rental yield is 5.98% on a $1,325,000 entry. Equity gained on principal adds $8,550/yr, while 5% annual appreciation builds toward $366,073 over five years. Five-year ROI reaches 87.22% and total cumulative return in cash sums $374,452. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,605/mo property income rather than buyer’s personal income.
Single Family
Built in 1933
1.56 Acres 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: Michael Reneau • Westerrn States Commercial RE
Mls Name: SWMLS
Mls ID: #1088009