3101 Old Pecos Trl UNIT 696Santa 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 696, Santa Fe, NM, 87505 offers a 4.63% rental yield on a $1,295,000 purchase with $4,997/mo rent. 58% in year one. Equity gained on principal adds $8,356/yr while 5% annual appreciation supports $357,785 over five years. Portfolio math shows five-year ROI at 8.13% and total cumulative return in cash at $34,110. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,997/mo property income against a $6,338/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1996
3,920 sqft lot
$N/A/sqft
$3,967 monthly 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: Dominic Serna • Keller Williams Realty
Mls Name: SWMLS
Mls Provider:
Mls ID: #1082703
Disclaimer: Some of the information contained herein has been provided by Southwest Multiple Listing Service, Inc. (SWMLS) This information is from sources deemed reliable but not guaranteed by SWMLS. The information is for consumers personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.