4309 Cloud DanceSanta 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 4309 Cloud Dance, Santa Fe, NM, 87507 priced at $544,000 converts $3,120/mo rent into after a $2,663/mo obligation. Total monthly income equals $3,120/mo. Return on cash invested prints 19.15% in year one, and rental yield reads 6.88% against a $544,000 entry. Equity gained on principal adds $3,510/yr, while 5% annual appreciation compiles into $150,297 by year five. Five-year ROI reaches 98.48% and total cumulative return in cash sums $176,254. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,120/mo property income covering a $2,663/mo payment, not borrower’s personal income.
Single Family
Built in 1999
5,227 sqft lot
$N/A/sqft
$185 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: Joseph Martinez • Barker Realty, LLC
Mls Name: SFARMLS
Mls Provider:
Mls ID: #202501422
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.