501 Rio Grande Ave APT F-2Santa FeNM87501
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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 Santa Fe at 501 Rio Grande Ave APT F-2, Santa Fe, NM, 87501 earns from $2,867/mo rent with a $3,720/mo payment. Total monthly income totals $2,867/mo. ROI tracks 9.44% on current figures, and rental yield reads 4.53% at a $760,000 purchase. Equity gained on principal adds $4,904/yr, and 5% annual appreciation supports $209,974 over five years. Five-year ROI reaches 47.34% and total cumulative return in cash sums $118,357. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,867/mo property income instead of your personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
$618 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87501, Santa Fe, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,095 (100%) |
| Owner Occupied HU | 5,236 (51.9%) |
| Renter Occupied HU | 2,987 (29.6%) |
| Vacant Housing Units | 1,872 (18.5%) |
| Median Home Value | $731,150 |
| Average Home Value | $895,812 |
Housing Distribution
Address Breakdown
Residential
8,688
Single Family
7,953
Multi-Family
735
Businesses
1,573
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Listed by: Craig Cunningham • Real Broker LLC
Mls Name: SFARMLS
Mls Provider:
Mls ID: #202501095
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.