55 Firecrown Ln #QBTY9YSanta FeNM87508
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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 55 Firecrown Ln #QBTY9Y, Santa Fe, NM, 87508 priced at $742,100 converts $4,459/mo rent into $103/mo cash flow after a $3,632/mo obligation. Total monthly income equals $4,459/mo, and annual cash flow totals $1,241/yr on $244,151 invested. Return on cash invested prints 20.57% in year one, and rental yield reads 7.21% against a $742,100 entry. Equity gained on principal adds $4,789/yr, while 5% annual appreciation compiles into $205,029 by year five. Five-year ROI reaches 105.93% and total cumulative return in cash sums $258,633. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,459/mo property income covering a $3,632/mo payment, not borrower’s personal income.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87508, Santa Fe, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,135 (100%) |
| Owner Occupied HU | 7,361 (80.6%) |
| Renter Occupied HU | 1,153 (12.6%) |
| Vacant Housing Units | 621 ( 6.8%) |
| Median Home Value | $610,899 |
| Average Home Value | $678,724 |
Housing Distribution
Address Breakdown
Residential
8,472
Single Family
8,472
Multi-Family
0
Businesses
303
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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