2501 W Zia Rd APT 8-204Santa 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 2501 W Zia Rd APT 8-204, Santa Fe, NM, 87505 uses $92,157 cash to close to unlock $9,155/yr annual cash flow and $763/mo monthly cash flow. Total monthly income runs $2,395/mo, and a $1,361/mo payment keeps the spread at $763/mo. Purchase price stands at $278,000, and rental yield measures 10.34% with $2,395/mo rent. Return on cash invested shows 29.84% in year one, and 5% annual appreciation builds toward $76,806 over five years. Five-year ROI reaches 155.69% and total cumulative return in cash records $143,477. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,395/mo property income covering a $1,361/mo payment rather than investor’s personal income.
Condo
Built in 1986
N/A 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: K2 Omni Group • EXP Realty, LLC
Mls Name: SWMLS
Mls ID: #1087699