1721 W Alameda StSanta FeNM87501
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1721 W Alameda St, Santa Fe, NM, 87501 priced at $279,693 converts $4,967/mo rent into $3,325/mo cash flow after a $1,369/mo obligation. Total monthly income equals $4,967/mo, and annual cash flow totals $39,904/yr on $92,718 invested. Return on cash invested prints 62.95% in year one, and rental yield reads 21.31% against a $279,693 entry. Equity gained on principal adds $1,805/yr, while 5% annual appreciation compiles into $77,274 by year five. Five-year ROI reaches 333.25% and total cumulative return in cash sums $308,984. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,967/mo property income covering a $1,369/mo payment, not borrower’s personal income.
Single Family
Built in 1953
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: BHHS broker feed
Mls ID: #202402757