906 Tramway Ln 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
Investment property for sale in Albuquerque at 906 Tramway Ln NE, Albuquerque, NM, 87122 earns from $3,540/mo rent with a $4,403/mo payment. Total monthly income totals $3,540/mo. ROI tracks 13% on current figures, and rental yield reads 4.72% at a $899,500 purchase. Equity gained on principal adds $5,804/yr, and 5% annual appreciation supports $248,515 over five years. Five-year ROI reaches 65.35% and total cumulative return in cash sums $193,403. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,540/mo property income instead of your personal income.
Single Family
Built in 1978
0.58 Acres 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: Veronica Gonzales • Keller Williams Realty
Mls Name: SFARMLS
Mls ID: #202505195