1728 Callejon MelindaSanta FeNM87501
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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 1728 Callejon Melinda, Santa Fe, NM, 87501 uses $261,555 cash to close to unlock $8,386/yr annual cash flow and $699/mo monthly cash flow. Total monthly income runs $5,365/mo, and a $3,891/mo payment keeps the spread at $699/mo. Purchase price stands at $795,000, and rental yield measures 8.1% with $5,365/mo rent. Return on cash invested shows 23.27% in year one, and 5% annual appreciation builds toward $219,644 over five years. Five-year ROI reaches 120.38% and total cumulative return in cash records $314,866. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,365/mo property income covering a $3,891/mo payment rather than investor’s personal income.
Single Family
Built in 2023
9,583 sqft 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
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Listed by: Stephanie Duran • Barker Realty, LLC
Mls Name: SFARMLS
Mls ID: #202505382