14 Sky Ridge DrSanta FeNM87508
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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 14 Sky Ridge Dr, Santa Fe, NM, 87508 offers a 9.49% rental yield on a $425,000 purchase with $3,360/mo rent. Total monthly income registers $3,360/mo, and a $2,080/mo payment leaves $866/mo available for distribution. Annual cash flow reaches $10,388/yr on $140,888 to close, and return on cash invested stands at 27.28% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 141.96% and total cumulative return in cash at $200,009. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,360/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
4,356 sqft 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
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Listed by: Rebecca West • Valdez & Associates, Inc.
Mls Name: SFARMLS
Mls ID: #202505323