7 Reeds PeakSanta 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
Investment property for sale in Santa Fe at 7 Reeds Peak, Santa Fe, NM, 87508 earns from $2,704/mo rent with a $2,663/mo payment. Total monthly income totals $2,704/mo. ROI tracks 16.78% on current figures, and rental yield reads 5.96% at a $544,000 purchase. Equity gained on principal adds $3,510/yr, and 5% annual appreciation supports $150,297 over five years. Five-year ROI reaches 85.61% and total cumulative return in cash sums $153,226. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,704/mo property income instead of your personal income.
Single Family
Built in 2019
6,534 sqft 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: Francesco R. Crisafulli • Keller Williams Realty
Mls Name: SFARMLS
Mls ID: #202504394