517 Johnson LnSanta FeNM87505
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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 517 Johnson Ln, Santa Fe, NM, 87505 priced at $1,340,000 pairs $4,200/mo rent with after a $6,559/mo payment. Total monthly income equals $4,200/mo. Return on cash invested is 10.24% in year one, and rental yield stands at 3.76% on a $1,340,000 basis. Equity gained on principal adds $8,647/yr, and 5% annual appreciation accumulates to $370,217 by year five. Five-year ROI measures 50.46% and total cumulative return in cash reaches $219,082. For financing, Ziffy Mortgage’s DSCR program evaluates $4,200/mo property income against a $6,559/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1983
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87505, Santa Fe, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,151 (100%) |
| Owner Occupied HU | 9,407 (51.8%) |
| Renter Occupied HU | 6,744 (37.2%) |
| Vacant Housing Units | 2,000 (11.0%) |
| Median Home Value | $592,421 |
| Average Home Value | $707,240 |
Housing Distribution
Address Breakdown
Residential
16,208
Single Family
14,304
Multi-Family
1,904
Businesses
2,002
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Listed by: Catherine Ish • Barker Realty, LLC
Mls Name: SFARMLS
Mls ID: #202504334