637 Alto St APT ASanta 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 637 Alto St APT A, Santa Fe, NM, 87501 at $640,917 posts ROI 18.94% with from $3,914/mo rent. Total monthly income equals $3,914/mo. Return on cash invested measures 18.94% and rental yield reads 7.33% at the current $640,917. Equity gained on principal adds $4,136/yr, and 5% annual appreciation supports $177,074 by year five. Five-year ROI prints 97.9% and total cumulative return in cash totals $206,430. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,914/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1984
8 Acres lot
$N/A/sqft
$300 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: N/A • N/A
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