705 Bard AveSanta ClaraNM88026
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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 Clara at 705 Bard Ave, Santa Clara, NM, 88026 uses $67,958 cash to close to unlock $1,069/yr annual cash flow and $89/mo monthly cash flow. Total monthly income runs $1,292/mo, and a $1,003/mo payment keeps the spread at $89/mo. Purchase price stands at $205,000, and rental yield measures 7.56% with $1,292/mo rent. Return on cash invested shows 21.48% in year one, and 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 110.92% and total cumulative return in cash records $75,378. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,292/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88026, Santa Clara, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 789 (100%) |
| Owner Occupied HU | 471 (59.7%) |
| Renter Occupied HU | 191 (24.2%) |
| Vacant Housing Units | 127 (16.1%) |
| Median Home Value | $128,309 |
| Average Home Value | $134,528 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
23
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Listed by: Christian "Chris" Bunn • eXp Realty, LLC
Mls Name: SCRMLS
Mls ID: #41362