213 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 213 Las Olas Dr, Taos, NM, 87571 offers $2,640/mo rent that, after a $3,046/mo payment. Total monthly income is $2,640/mo. Return on cash invested measures 14.12% in year one, and rental yield stands at 5.09% at a $622,300 entry. Equity gained on principal adds $4,016/yr while 5% annual appreciation compounds into $171,930 by year five. Five-year ROI records 71.37% and total cumulative return in cash reaches $146,129. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,640/mo property income versus a $3,046/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
0.25 Acres lot
$N/A/sqft
No 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: N/A • N/A
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Mls ID: #N/A