215 Las Olas DrTaosNM87571
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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 Taos at 215 Las Olas Dr, Taos, NM, 87571 with 5% annual appreciation on a $580,000 basis while $3,356/mo rent supports operations. 76% in year one. Equity gained on principal adds $3,743/yr, and five-year appreciation sums $160,243 alongside rental yield of 6.94%. Five-year ROI measures 101.57% and total cumulative return in cash totals $193,809. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,356/mo property income versus a $2,839/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2015
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: Lisa Sutton • Coldwell Banker Mountain Properties
Mls Name: Enchanted Circle
Mls ID: #114457