2800 Cerrillos Rd APT 169Santa FeNM87507
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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 2800 Cerrillos Rd APT 169, Santa Fe, NM, 87507 earns $304/mo cash flow from $1,273/mo rent with a $808/mo payment. Total monthly income totals $1,273/mo, and annual cash flow totals $3,649/yr on $54,698 capital. ROI tracks 26.58% on current figures, and rental yield reads 9.26% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 138.3% and total cumulative return in cash sums $75,647. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,273/mo property income instead of your personal income.
Condo
Built in 1985
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87507, Santa Fe, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,535 (100%) |
| Owner Occupied HU | 14,164 (60.2%) |
| Renter Occupied HU | 7,662 (32.6%) |
| Vacant Housing Units | 1,709 ( 7.3%) |
| Median Home Value | $401,100 |
| Average Home Value | $484,457 |
Housing Distribution
Address Breakdown
Residential
21,026
Single Family
17,810
Multi-Family
3,216
Businesses
1,556
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Listed by: David Garcia • Keller Williams Realty
Mls Name: SFARMLS
Mls ID: #202505101