1255 Avenida Morelia UNIT 102Santa FeNM87506
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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 1255 Avenida Morelia UNIT 102, Santa Fe, NM, 87506 earns $68/mo cash flow from $2,651/mo rent with a $2,154/mo payment. Total monthly income totals $2,651/mo, and annual cash flow totals $816/yr on $145,860 capital. ROI tracks 20.47% on current figures, and rental yield reads 7.23% at a $440,000 purchase. Equity gained on principal adds $2,839/yr, and 5% annual appreciation supports $121,564 over five years. Five-year ROI reaches 105.41% and total cumulative return in cash sums $153,754. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,651/mo property income instead of your personal income.
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87506, Santa Fe, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,971 (100%) |
| Owner Occupied HU | 5,887 (65.6%) |
| Renter Occupied HU | 1,612 (18.0%) |
| Vacant Housing Units | 1,472 (16.4%) |
| Median Home Value | $740,284 |
| Average Home Value | $851,960 |
Housing Distribution
Address Breakdown
Residential
7,136
Single Family
6,182
Multi-Family
954
Businesses
160
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Listed by: Jacob A. Martinez • Keller Williams Realty
Mls Name: SFARMLS
Mls ID: #202505092