302 Cruz AltaTaosNM87571
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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 Taos at 302 Cruz Alta, Taos, NM, 87571 uses $95,141 cash to close to unlock $4,046/yr annual cash flow and $337/mo monthly cash flow. Total monthly income runs $2,022/mo, and a $1,405/mo payment keeps the spread at $337/mo. Purchase price stands at $287,000, and rental yield measures 8.45% with $2,022/mo rent. Return on cash invested shows 24.16% in year one, and 5% annual appreciation builds toward $79,293 over five years. Five-year ROI reaches 125.27% and total cumulative return in cash records $119,182. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,022/mo property income covering a $1,405/mo payment rather than investor’s personal income.
Single Family
Built in 1935
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87571, Taos, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,979 (100%) |
| Owner Occupied HU | 3,839 (55.0%) |
| Renter Occupied HU | 2,025 (29.0%) |
| Vacant Housing Units | 1,115 (16.0%) |
| Median Home Value | $422,489 |
| Average Home Value | $507,931 |
Housing Distribution
Address Breakdown
Residential
3,203
Single Family
3,052
Multi-Family
151
Businesses
1,034
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Listed by: Jennifer Rice • Berkshire Hathaway HomeServices Taos Real Estate
Mls Name: Enchanted Circle
Mls ID: #113718