2210 Miguel Chavez Rd UNIT 1524Santa 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 1524, Santa Fe, NM, 87505 uses $95,804 cash to close to unlock $7,515/yr annual cash flow and $626/mo monthly cash flow. Total monthly income runs $2,796/mo, and a $1,415/mo payment keeps the spread at $626/mo. Purchase price stands at $289,000, and rental yield measures 11.61% with $2,796/mo rent. Return on cash invested shows 27.75% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 146.67% and total cumulative return in cash records $140,510. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,796/mo property income covering a $1,415/mo payment rather than investor’s personal income.
Condo
Built in 1995
N/A lot
$N/A/sqft
$473 monthly 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: Elizabeth Herrera • Realty One of Santa Fe
Mls Name: SFARMLS
Mls Provider:
Mls ID: #202501166
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.