23 Camerada RdSanta FeNM87508
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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
Rental property for sale in Santa Fe at 23 Camerada Rd, Santa Fe, NM, 87508 generates $3,360/mo in rent, after a $3,700/mo payment. Total monthly income is $3,360/mo. Return on cash invested sits at 14.86% in year one, and rental yield is 5.33% on a $756,000 entry. Equity gained on principal adds $4,878/yr, while 5% annual appreciation builds toward $208,869 over five years. Five-year ROI reaches 75.32% and total cumulative return in cash sums $187,349. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,360/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
1.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87508, Santa Fe, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,135 (100%) |
| Owner Occupied HU | 7,361 (80.6%) |
| Renter Occupied HU | 1,153 (12.6%) |
| Vacant Housing Units | 621 ( 6.8%) |
| Median Home Value | $610,899 |
| Average Home Value | $678,724 |
Housing Distribution
Address Breakdown
Residential
8,472
Single Family
8,472
Multi-Family
0
Businesses
303
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Listed by: Jennifer H. Tomes • Sotheby's Int. RE/Grant
Mls Name: SFARMLS
Mls ID: #202504212