211 Las Olas DrTaosNM87571
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 Taos at 211 Las Olas Dr, Taos, NM, 87571 priced at $569,500 pairs $2,528/mo rent with after a $2,787/mo payment. Total monthly income equals $2,528/mo. Return on cash invested is 14.53% in year one, and rental yield stands at 5.33% on a $569,500 basis. Equity gained on principal adds $3,675/yr, and 5% annual appreciation accumulates to $157,342 by year five. Five-year ROI measures 73.63% and total cumulative return in cash reaches $137,952. For financing, Ziffy Mortgage’s DSCR program evaluates $2,528/mo property income against a $2,787/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2018
0.25 Acres lot
$N/A/sqft
$50 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87571, Taos, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,979 (100%) |
| Owner Occupied HU | 3,839 (55.0%) |
| Renter Occupied HU | 2,025 (29.0%) |
| Vacant Housing Units | 1,115 (16.0%) |
| Median Home Value | $422,489 |
| Average Home Value | $507,931 |
Housing Distribution
Address Breakdown
Residential
3,203
Single Family
3,052
Multi-Family
151
Businesses
1,034
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Listed by: Willard Smith • Coldwell Banker Mountain Properties
Mls Name: Enchanted Circle
Mls Provider:
Mls ID: #113261
Disclaimer: The data relating to real estate for sale in this web site come in part from the Internet Data exchange ("IDX") program of ECAR 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.