123 Placita De OroSanta FeNM87501
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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 123 Placita De Oro, Santa Fe, NM, 87501 uses $197,071 cash to close to unlock $996/yr annual cash flow and $83/mo monthly cash flow. Total monthly income runs $3,599/mo, and a $2,932/mo payment keeps the spread at $83/mo. Purchase price stands at $599,000, and rental yield measures 7.21% with $3,599/mo rent. Return on cash invested shows 20.57% in year one, and 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 105.9% and total cumulative return in cash records $208,690. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,599/mo property income covering a $2,932/mo payment rather than investor’s personal income.
Single Family
Built in 1959
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87501, Santa Fe, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,095 (100%) |
| Owner Occupied HU | 5,236 (51.9%) |
| Renter Occupied HU | 2,987 (29.6%) |
| Vacant Housing Units | 1,872 (18.5%) |
| Median Home Value | $731,150 |
| Average Home Value | $895,812 |
Housing Distribution
Address Breakdown
Residential
8,688
Single Family
7,953
Multi-Family
735
Businesses
1,573
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Listed by: J.C. Linson • Barker Realty, LLC
Mls Name: SFARMLS
Mls ID: #202505465