4 Calle Las CasasSanta FeNM87507
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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 4 Calle Las Casas, Santa Fe, NM, 87507 priced at $406,000 converts $3,000/mo rent into $494/mo cash flow after a $1,987/mo obligation. Total monthly income equals $3,000/mo, and annual cash flow totals $5,930/yr on $134,589 invested. Return on cash invested prints 24.31% in year one, and rental yield reads 8.87% against a $406,000 entry. Equity gained on principal adds $2,620/yr, while 5% annual appreciation compiles into $112,170 by year five. Five-year ROI reaches 126.48% and total cumulative return in cash sums $170,224. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,000/mo property income covering a $1,987/mo payment, not borrower’s personal income.
Single Family
Built in 2004
6,534 sqft lot
$N/A/sqft
$369 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87507, Santa Fe, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,535 (100%) |
| Owner Occupied HU | 14,164 (60.2%) |
| Renter Occupied HU | 7,662 (32.6%) |
| Vacant Housing Units | 1,709 ( 7.3%) |
| Median Home Value | $401,100 |
| Average Home Value | $484,457 |
Housing Distribution
Address Breakdown
Residential
21,026
Single Family
17,810
Multi-Family
3,216
Businesses
1,556
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Listed by: Leland Titus • Santa Fe Realty Unlimited
Mls Name: SFARMLS
Mls Provider:
Mls ID: #202501201
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.