315 Leatherman 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 315 Leatherman St, Taos, NM, 87571 at $1,950,000 posts ROI 7.4% with from $4,618/mo rent. Total monthly income equals $4,618/mo. Return on cash invested measures 7.4% and rental yield reads 2.84% at the current $1,950,000. Equity gained on principal adds $12,583/yr, and 5% annual appreciation supports $538,749 by year five. Five-year ROI prints 35.25% and total cumulative return in cash totals $222,689. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,618/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1999
0.36 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: Pennie Wardlow • Taos Real Estate Group, LLC
Mls Name: TCAR
Mls Provider:
Mls ID: #112377
Disclaimer: The data relating to real estate for sale in this web site come in part from the Internet Data exchange ("IDX") program of TCAR 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.