612 Camino De La LuzSanta 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 612 Camino De La Luz, Santa Fe, NM, 87505 priced at $529,900 pairs $4,071/mo rent with $960/mo cash flow after a $2,594/mo payment. Total monthly income equals $4,071/mo, and annual cash flow comes to $11,524/yr on $174,337 invested. Return on cash invested is 26.67% in year one, and rental yield stands at 9.22% on a $529,900 basis. Equity gained on principal adds $3,419/yr, and 5% annual appreciation accumulates to $146,402 by year five. Five-year ROI measures 138.66% and total cumulative return in cash reaches $241,739. For financing, Ziffy Mortgage’s DSCR program evaluates $4,071/mo property income against a $2,594/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1968
5,227 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: Janet Frederick • RE/MAX Avante
Mls Name: SFARMLS
Mls ID: #202504680