1043 E Don Diego AveSanta 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
Rental property for sale in Santa Fe at 1043 E Don Diego Ave, Santa Fe, NM, 87505 generates $4,070/mo in rent and, after a $3,010/mo payment, leaves $460/mo in cash flow. Total monthly income is $4,070/mo, and annual cash flow is $5,524/yr on $202,335 invested. Return on cash invested sits at 22.79% in year one, and rental yield is 7.94% on a $615,000 entry. Equity gained on principal adds $3,969/yr, while 5% annual appreciation builds toward $169,913 over five years. Five-year ROI reaches 117.84% and total cumulative return in cash sums $238,433. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,070/mo property income rather than buyer’s personal income.
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 Real Estate Bro
Mls Name: SWMLS
Mls ID: #1094320