323 W Cordova RdSanta FeNM87505
Nearby investment properties with comparable rents
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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 323 W Cordova Rd, Santa Fe, NM, 87505 earns $1,898/mo cash flow from $6,270/mo rent with a $3,646/mo payment. Total monthly income totals $6,270/mo, and annual cash flow totals $22,771/yr on $245,105 capital. ROI tracks 29.35% on current figures, and rental yield reads 10.1% at a $745,000 purchase. Equity gained on principal adds $4,807/yr, and 5% annual appreciation supports $205,830 over five years. Five-year ROI reaches 153.02% and total cumulative return in cash sums $375,056. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,270/mo property income instead of your personal income.
Single Family
Built in 1950
7,840 sqft 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: Yolanda Zamora • Sotheby's Int. RE/Washington
Mls Name: SFARMLS
Mls Provider:
Mls ID: #202503849
Disclaimer: The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (IDX) program of SFAR 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.