12 & B Northfork #ASanta FeNM87508
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 12 & B Northfork #A, Santa Fe, NM, 87508 in Santa Fe. Rental yield 4.96%. At $1,270,400 with 4.96% gross yield, current distributions are modest, but the 5% appreciation rate projects $350,988 in new equity by year five, complemented by $11,701/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.92) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $338,194.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5% | 4.2% |
| Monthly Cash Flow | $(2,203) | $2,100 |
City averages based on Santa Fe market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,254 |
| Total Monthly Debt Service | $6,951 |
| DSCR Ratio | 0.76x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87508, Santa Fe, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,135 (100%) |
| Owner Occupied HU | 7,361 (80.6%) |
| Renter Occupied HU | 1,153 (12.6%) |
| Vacant Housing Units | 621 ( 6.8%) |
| Median Home Value | $610,899 |
| Average Home Value | $678,724 |
Housing Distribution
Address Breakdown
Residential
8,472
Single Family
8,472
Multi-Family
0
Businesses
303
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
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87508, Santa Fe, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,135 (100%) |
| Owner Occupied HU | 7,361 (80.6%) |
| Renter Occupied HU | 1,153 (12.6%) |
| Vacant Housing Units | 621 ( 6.8%) |
| Median Home Value | $610,899 |
| Average Home Value | $678,724 |
Housing Distribution
Address Breakdown
Residential
8,472
Single Family
8,472
Multi-Family
0
Businesses
303
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A