408 Kit Carson Rd #1TaosNM87571
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
Investment property for sale in Taos at 408 Kit Carson Rd #1, Taos, NM, 87571 earns from $3,133/mo rent with a $3,304/mo payment. Total monthly income totals $3,133/mo. ROI tracks 15.58% on current figures, and rental yield reads 5.57% at a $675,000 purchase. Equity gained on principal adds $4,356/yr, and 5% annual appreciation supports $186,490 over five years. Five-year ROI reaches 79.17% and total cumulative return in cash sums $175,815. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,133/mo property income instead of your personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87571, Taos, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,979 (100%) |
| Owner Occupied HU | 3,839 (55.0%) |
| Renter Occupied HU | 2,025 (29.0%) |
| Vacant Housing Units | 1,115 (16.0%) |
| Median Home Value | $422,489 |
| Average Home Value | $507,931 |
Housing Distribution
Address Breakdown
Residential
3,203
Single Family
3,052
Multi-Family
151
Businesses
1,034
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mark Yaravitz • Crossroads Realty
Mls Name: Enchanted Circle
Mls ID: #114199