1043 Don Diego Ave UNIT ESanta FeNM87505
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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 Santa Fe at 1043 Don Diego Ave UNIT E, Santa Fe, NM, 87505 offers a 8.01% rental yield on a $650,000 purchase with $4,338/mo rent. Total monthly income registers $4,338/mo, and a $3,181/mo payment leaves $523/mo available for distribution. Annual cash flow reaches $6,279/yr on $213,850 to close, and return on cash invested stands at 23% in year one. Equity gained on principal adds $4,194/yr while 5% annual appreciation supports $179,583 over five years. Portfolio math shows five-year ROI at 118.96% and total cumulative return in cash at $254,390. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,338/mo property income against a $3,181/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1979
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87505, Santa Fe, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,151 (100%) |
| Owner Occupied HU | 9,407 (51.8%) |
| Renter Occupied HU | 6,744 (37.2%) |
| Vacant Housing Units | 2,000 (11.0%) |
| Median Home Value | $592,421 |
| Average Home Value | $707,240 |
Housing Distribution
Address Breakdown
Residential
16,208
Single Family
14,304
Multi-Family
1,904
Businesses
2,002
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Listed by: Virginia T. Henry • Santa Fe Bound RE Brokers
Mls Name: SFARMLS
Mls ID: #202503045