2829 Siringo RdSanta 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 2829 Siringo Rd, Santa Fe, NM, 87507 uses $149,175 cash to close to unlock $10,347/yr annual cash flow and $862/mo monthly cash flow. Total monthly income runs $3,504/mo, and a $2,203/mo payment keeps the spread at $862/mo. Purchase price stands at $450,000, and rental yield measures 9.34% with $3,504/mo rent. Return on cash invested shows 26.85% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 139.64% and total cumulative return in cash records $208,314. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,504/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Single Family
Built in 1961
5,662 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: Stefan Lark • Barker Realty, LLC
Mls Name: SFARMLS
Mls ID: #202505432