500 W High St #14Ranchos De TaosNM87557
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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 Ranchos De Taos at 500 W High St #14, Ranchos De Taos, NM, 87557 uses $54,698 cash to close to unlock $1,641/yr annual cash flow and $137/mo monthly cash flow. Total monthly income runs $1,293/mo, and a $808/mo payment keeps the spread at $137/mo. Purchase price stands at $165,000, and rental yield measures 9.4% with $1,293/mo rent. Return on cash invested shows 22.91% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 120.03% and total cumulative return in cash records $65,651. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,293/mo property income covering a $808/mo payment rather than investor’s personal income.
Single Family
Built in 1966
N/A lot
$N/A/sqft
$2,248 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87557, Ranchos De Taos, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,892 (100%) |
| Owner Occupied HU | 1,887 (65.2%) |
| Renter Occupied HU | 608 (21.0%) |
| Vacant Housing Units | 397 (13.7%) |
| Median Home Value | $489,312 |
| Average Home Value | $570,674 |
Housing Distribution
Address Breakdown
Residential
807
Single Family
807
Multi-Family
0
Businesses
129
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Listed by: Brenda Raney • Tri - State Realty
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-1004
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.