3101 Old Pecos Trl UNIT 318Santa 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 3101 Old Pecos Trl UNIT 318, Santa Fe, NM, 87505 offers a 4.37% rental yield on a $569,000 purchase with $2,071/mo rent. 93% in year one. Equity gained on principal adds $3,672/yr while 5% annual appreciation supports $157,204 over five years. Portfolio math shows five-year ROI at 59.6% and total cumulative return in cash at $111,575. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,071/mo property income against a $2,785/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1988
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: Hal Logsdon • Sotheby's Int. RE/Grant
Mls Name: SFARMLS
Mls ID: #202504064