334 Otero St #12-1Santa FeNM87501
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Total monthly income runs $1,863/mo, and a $1,273/mo payment. Purchase price stands at $260,000, and rental yield measures 8.6% with $1,863/mo rent. Return on cash invested shows 16.72% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 88.25% and total cumulative return in cash records $76,061. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,863/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
$1,696 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87501, Santa Fe, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,095 (100%) |
| Owner Occupied HU | 5,236 (51.9%) |
| Renter Occupied HU | 2,987 (29.6%) |
| Vacant Housing Units | 1,872 (18.5%) |
| Median Home Value | $731,150 |
| Average Home Value | $895,812 |
Housing Distribution
Address Breakdown
Residential
8,688
Single Family
7,953
Multi-Family
735
Businesses
1,573
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gary Boal • Santa Fe Properties
Mls Name: SFARMLS
Mls Provider:
Mls ID: #202501818
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.