2220 Paseo De Los ChamisosSanta FeNM87505
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Santa Fe at 2220 Paseo De Los Chamisos, Santa Fe, NM, 87505 generates $2,866/mo in rent and, after a $2,149/mo payment, leaves $170/mo in cash flow. Total monthly income is $2,866/mo, and annual cash flow is $2,038/yr on $145,529 invested. Return on cash invested sits at 21.31% in year one, and rental yield is 7.83% on a $439,000 entry. Equity gained on principal adds $2,833/yr, while 5% annual appreciation builds toward $121,288 over five years. Five-year ROI reaches 110.29% and total cumulative return in cash sums $160,496. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,866/mo property income rather than buyer’s personal income.
Townhouse
Built in 1983
3,920 sqft lot
$N/A/sqft
$715 semi-annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gene Valencia • Keller Williams Realty
Mls Name: SFARMLS
Mls Provider:
Mls ID: #202502583
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.