2210 Miguel Chavez Rd UNIT 1425Santa FeNM87505
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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 2210 Miguel Chavez Rd UNIT 1425, Santa Fe, NM, 87505 listed at $285,000 pairs $2,796/mo rent with a $1,395/mo payment to leave $1,123/mo cash flow. Total monthly income runs $2,796/mo, and annual cash flow reaches $13,477/yr on $94,478 cash to close. Return on cash invested measures 34.17% in year one, and rental yield registers 11.77% at a $285,000 basis. Equity gained on principal adds $1,839/yr, and annual property appreciation at 5% supports $78,740 by year five. Five-year ROI tracks 178.96% and total cumulative return in cash totals $169,074. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,796/mo property income relative to a $1,395/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1995
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87505, Santa Fe, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,151 (100%) |
| Owner Occupied HU | 9,407 (51.8%) |
| Renter Occupied HU | 6,744 (37.2%) |
| Vacant Housing Units | 2,000 (11.0%) |
| Median Home Value | $592,421 |
| Average Home Value | $707,240 |
Housing Distribution
Address Breakdown
Residential
16,208
Single Family
14,304
Multi-Family
1,904
Businesses
2,002
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Listed by: Alexander E. Nettey • Barker Realty, LLC
Mls Name: SFARMLS
Mls ID: #202505139