1709 Agua Fria St APT ASanta FeNM87505
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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
Rental property for sale in Santa Fe at 1709 Agua Fria St APT A, Santa Fe, NM, 87505 priced at $290,000 converts $2,088/mo rent into $386/mo cash flow after a $1,419/mo obligation. Total monthly income equals $2,088/mo, and annual cash flow totals $4,635/yr on $96,135 invested. Return on cash invested prints 24.73% in year one, and rental yield reads 8.64% against a $290,000 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation compiles into $80,122 by year five. Five-year ROI reaches 128.31% and total cumulative return in cash sums $123,352. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,088/mo property income covering a $1,419/mo payment, not borrower’s personal income.
Manufactured
Built in 1983
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87505, Santa Fe, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,151 (100%) |
| Owner Occupied HU | 9,407 (51.8%) |
| Renter Occupied HU | 6,744 (37.2%) |
| Vacant Housing Units | 2,000 (11.0%) |
| Median Home Value | $592,421 |
| Average Home Value | $707,240 |
Housing Distribution
Address Breakdown
Residential
16,208
Single Family
14,304
Multi-Family
1,904
Businesses
2,002
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Listed by: Joseph Ortiz • Keller Williams Realty
Mls Name: SFARMLS
Mls Provider:
Mls ID: #202404166
Disclaimer: The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (IDX) program of SFAR MLS, Inc. Real estate listings held by brokers other than Zillow, Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.