1008 James StSanta ClaraNM88026
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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 Santa Clara at 1008 James St, Santa Clara, NM, 88026 priced at $149,000 converts $1,284/mo rent into $410/mo cash flow after a $729/mo obligation. Total monthly income equals $1,284/mo, and annual cash flow totals $4,917/yr on $49,394 invested. Return on cash invested prints 29.86% in year one, and rental yield reads 10.34% against a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation compiles into $41,166 by year five. Five-year ROI reaches 155.81% and total cumulative return in cash sums $76,960. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,284/mo property income covering a $729/mo payment, not borrower’s personal income.
Single Family
Built in 1920
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88026, Santa Clara, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 789 (100%) |
| Owner Occupied HU | 471 (59.7%) |
| Renter Occupied HU | 191 (24.2%) |
| Vacant Housing Units | 127 (16.1%) |
| Median Home Value | $128,309 |
| Average Home Value | $134,528 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
23
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Listed by: Alexa Trujillo • Enchantment Realty
Mls Name: SCRMLS
Mls Provider:
Mls ID: #40644
Disclaimer: Some of the information contained herein has been provided by the SCRMLS, Inc. This information is from sources deemed reliable and not guaranteed by SCRMLS, Inc. The information is for consumers personal, non-commercial use and may not be used for any purposes other than identifying properties which consumers may be interested in purchasing.