4 Paseo Del CoyoteSanta FeNM87506
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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 Paseo Del Coyote, Santa Fe, NM, 87506 priced at $1,260,000 converts $8,370/mo rent into $975/mo cash flow after a $6,167/mo obligation. Total monthly income equals $8,370/mo, and annual cash flow totals $11,694/yr on $408,240 invested. Return on cash invested prints 23.23% in year one, and rental yield reads 7.97% against a $1,260,000 entry. Equity gained on principal adds $8,131/yr, while 5% annual appreciation compiles into $348,115 by year five. Five-year ROI reaches 120.15% and total cumulative return in cash sums $490,497. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $8,370/mo property income covering a $6,167/mo payment, not borrower’s personal income.
Single Family
Built in 2004
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87506, Santa Fe, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,971 (100%) |
| Owner Occupied HU | 5,887 (65.6%) |
| Renter Occupied HU | 1,612 (18.0%) |
| Vacant Housing Units | 1,472 (16.4%) |
| Median Home Value | $740,284 |
| Average Home Value | $851,960 |
Housing Distribution
Address Breakdown
Residential
7,136
Single Family
6,182
Multi-Family
954
Businesses
160
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Listed by: Harrison Bingham • Corcoran Plaza Properties/ Pas
Mls Name: SFARMLS
Mls ID: #202502791