917 Girard Blvd SEAlbuquerqueNM87106
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
Investment property for sale in Albuquerque at 917 Girard Blvd SE, Albuquerque, NM, 87106 uses $101,108 cash to close to unlock $10,196/yr annual cash flow and $850/mo monthly cash flow. Total monthly income runs $2,640/mo, and a $1,493/mo payment keeps the spread at $850/mo. Purchase price stands at $305,000, and rental yield measures 10.39% with $2,640/mo rent. Return on cash invested shows 29.99% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 156.5% and total cumulative return in cash records $158,230. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,640/mo property income covering a $1,493/mo payment rather than investor’s personal income.
Single Family
Built in 1950
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87106, Albuquerque, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,287 (100%) |
| Owner Occupied HU | 4,759 (33.3%) |
| Renter Occupied HU | 7,794 (54.6%) |
| Vacant Housing Units | 1,734 (12.1%) |
| Median Home Value | $361,724 |
| Average Home Value | $409,846 |
Housing Distribution
Address Breakdown
Residential
12,715
Single Family
11,900
Multi-Family
815
Businesses
1,039
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Thomason Team • Platinum Realty Group
Mls Name: SWMLS
Mls ID: #1095966