1390 Avenida Rincon UNIT 202Santa 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 1390 Avenida Rincon UNIT 202, Santa Fe, NM, 87506 earns $974/mo cash flow from $4,020/mo rent with a $2,540/mo payment. Total monthly income totals $4,020/mo, and annual cash flow totals $11,688/yr on $170,751 capital. ROI tracks 26.91% on current figures, and rental yield reads 9.29% at a $519,000 purchase. Equity gained on principal adds $3,349/yr, and 5% annual appreciation supports $143,390 over five years. Five-year ROI reaches 139.89% and total cumulative return in cash sums $238,869. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,020/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: Stephen J. Hardy • Hardy & Company
Mls Name: SFARMLS
Mls ID: #202503356