359 Garcia StSanta feNM87501
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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 359 Garcia St, Santa fe, NM, 87501 with 5% annual appreciation on a $1,885,000 basis while $3,268/mo rent supports operations. 99% in year one. Equity gained on principal adds $12,164/yr, and five-year appreciation sums $520,791 alongside rental yield of 2.08%. Five-year ROI measures 22.32% and total cumulative return in cash totals $136,342. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,268/mo property income versus a $9,226/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1926
6,534 sqft lot
$N/A/sqft
$393 annually 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
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Listed by: Penelope Vasquez • Sotheby's Int. RE/Grant
Mls Name: SFARMLS
Mls Provider:
Mls ID: #202502568
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.