69 Ranchos CanoncitoSanta 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
Total monthly income runs $3,360/mo, and a $3,891/mo payment. Purchase price stands at $795,000, and rental yield measures 5.07% with $3,360/mo rent. Return on cash invested shows 14.07% in year one, and 5% annual appreciation builds toward $219,644 over five years. Five-year ROI reaches 71.06% and total cumulative return in cash records $185,854. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,360/mo property income covering a $3,891/mo payment rather than investor’s personal income.
Single Family
Built in 2001
6.50 Acres 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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Listed by: Julie Thomas • Sotheby's Int. RE/Grant
Mls Name: SFARMLS
Mls ID: #202504508