2210 Miguel Chavez Rd UNIT 415Santa 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 415, Santa Fe, NM, 87505 listed at $269,500 pairs $1,853/mo rent with a $1,319/mo payment to leave $271/mo cash flow. Total monthly income runs $1,853/mo, and annual cash flow reaches $3,255/yr on $89,339 cash to close. Return on cash invested measures 23.55% in year one, and rental yield registers 8.25% at a $269,500 basis. Equity gained on principal adds $1,739/yr, and annual property appreciation at 5% supports $74,458 by year five. Five-year ROI tracks 121.99% and total cumulative return in cash totals $108,984. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,853/mo property income relative to a $1,319/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1995
871.20 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: Jim M Summers • ABQ Firehouse Realty, LLC
Mls Name: SWMLS
Mls ID: #1095899