18 Nursery RdSanta 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 18 Nursery Rd, Santa Fe, NM, 87506 uses $82,875 cash to close to unlock $2,487/yr annual cash flow and $207/mo monthly cash flow. Total monthly income runs $1,675/mo, and a $1,224/mo payment keeps the spread at $207/mo. Purchase price stands at $250,000, and rental yield measures 8.04% with $1,675/mo rent. Return on cash invested shows 22.91% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 118.56% and total cumulative return in cash records $98,254. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,675/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Manufactured
Built in 1985
1 Acres 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: Renee Vigil • Leyba Real Estate, LLC
Mls Name: SFARMLS
Mls Provider:
Mls ID: #202502152
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.