322 Camino Cerrito #ASanta 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
Rental property for sale in Santa Fe at 322 Camino Cerrito #A, Santa Fe, NM, 87505 offers $4,508/mo rent that, after a $4,459/mo payment. Total monthly income is $4,508/mo. Return on cash invested measures 16.7% in year one, and rental yield stands at 5.94% at a $911,000 entry. Equity gained on principal adds $5,879/yr while 5% annual appreciation compounds into $251,693 by year five. Five-year ROI records 85.17% and total cumulative return in cash reaches $255,285. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,508/mo property income versus a $4,459/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
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: N/A • N/A
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Mls ID: #N/A