925 Tramway Ln NEAlbuquerqueNM87122
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 925 Tramway Ln NE, Albuquerque, NM, 87122 generates $3,853/mo in rent, after a $3,671/mo payment. Total monthly income is $3,853/mo. Return on cash invested sits at 17.39% in year one, and rental yield is 6.16% on a $750,000 entry. Equity gained on principal adds $4,840/yr, while 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 88.87% and total cumulative return in cash sums $219,282. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,853/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
1.06 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jonathan P Tenorio • Keller Williams Realty
Mls Name: SWMLS
Mls ID: #1096523