2211 Portavela StSanta 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 2211 Portavela St, Santa Fe, NM, 87505 offers a 7.97% rental yield on a $632,000 purchase with $4,200/mo rent. Total monthly income registers $4,200/mo, and a $3,093/mo payment leaves $491/mo available for distribution. Annual cash flow reaches $5,890/yr on $207,928 to close, and return on cash invested stands at 22.89% in year one. Equity gained on principal adds $4,078/yr while 5% annual appreciation supports $174,610 over five years. Portfolio math shows five-year ROI at 118.39% and total cumulative return in cash at $246,158. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,200/mo property income against a $3,093/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.41 Acres 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: Lois A. Sury • Sotheby's Int. RE/Washington
Mls Name: SFARMLS
Mls ID: #202504575