302 Saavedra StTaosNM87571
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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 Saavedra St, Taos, NM, 87571 earns from $3,523/mo rent with a $4,821/mo payment. Total monthly income totals $3,523/mo. ROI tracks 11.7% on current figures, and rental yield reads 4.29% at a $985,000 purchase. Equity gained on principal adds $6,356/yr, and 5% annual appreciation supports $272,137 over five years. Five-year ROI reaches 58.35% and total cumulative return in cash sums $189,094. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,523/mo property income instead of your personal income.
Single Family
Built in 1957
0.47 Acres 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: Leif Krosby • Berkshire Hathaway HomeServices Taos Real Estate
Mls Name: Enchanted Circle
Mls Provider:
Mls ID: #113790
Disclaimer: The data relating to real estate for sale in this web site come in part from the Internet Data exchange ("IDX") program of ECAR MLS, Inc. Real estate listings held by brokers other than Zillow, Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.