601-110 W San Mateo RdSanta FeNM87505
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 601-110 W San Mateo Rd, Santa Fe, NM, 87505 uses $94,478 cash to close to unlock $13,477/yr annual cash flow and $1,123/mo monthly cash flow. Total monthly income runs $2,796/mo, and a $1,395/mo payment keeps the spread at $1,123/mo. Purchase price stands at $285,000, and rental yield measures 11.77% with $2,796/mo rent. Return on cash invested shows 34.17% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 178.96% and total cumulative return in cash records $169,074. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,796/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Condo
Built in 2005
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Coleen Dearing • Barker Realty, LLC
Mls Name: SFARMLS
Mls ID: #202504685