105 Dream SpiritSanta TeresaNM88008
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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 Teresa at 105 Dream Spirit, Santa Teresa, NM, 88008 offers $2,100/mo rent that, after a $1,762/mo payment. Total monthly income is $2,100/mo. Return on cash invested measures 19.78% in year one, and rental yield stands at 7% at a $359,950 entry. Equity gained on principal adds $2,323/yr while 5% annual appreciation compounds into $99,448 by year five. Five-year ROI records 101.77% and total cumulative return in cash reaches $121,434. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,100/mo property income versus a $1,762/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88008, Santa Teresa, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,131 (100%) |
| Owner Occupied HU | 3,152 (76.3%) |
| Renter Occupied HU | 806 (19.5%) |
| Vacant Housing Units | 173 ( 4.2%) |
| Median Home Value | $245,600 |
| Average Home Value | $290,603 |
Housing Distribution
Address Breakdown
Residential
3,740
Single Family
3,421
Multi-Family
319
Businesses
253
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Listed by: Jack Bumgardner • ERA Sellers & Buyers Real Esta
Mls Name: GEPAR
Mls ID: #927585