711 Kit Carson RdTaosNM87571
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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 Taos at 711 Kit Carson Rd, Taos, NM, 87571 with 5% annual appreciation on a $404,000 basis while $2,760/mo rent supports operations. Total monthly income totals $2,760/mo and a $1,977/mo payment preserves $389/mo for cash returns. Annual cash flow comes to $4,669/yr on $133,926 deployed, and return on cash invested reaches 23.4% in year one. Equity gained on principal adds $2,607/yr, and five-year appreciation sums $111,618 alongside rental yield of 8.2%. Five-year ROI measures 121.15% and total cumulative return in cash totals $162,252.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,760/mo property income versus a $1,977/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1990
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87571, Taos, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,979 (100%) |
| Owner Occupied HU | 3,839 (55.0%) |
| Renter Occupied HU | 2,025 (29.0%) |
| Vacant Housing Units | 1,115 (16.0%) |
| Median Home Value | $422,489 |
| Average Home Value | $507,931 |
Housing Distribution
Address Breakdown
Residential
3,203
Single Family
3,052
Multi-Family
151
Businesses
1,034
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Listed by: Page Sullivan Real Estate Group • Berkshire Hathaway HomeServices Taos Real Estate
Mls Name: TCAR
Mls Provider:
Mls ID: #112247
Disclaimer: The data relating to real estate for sale in this web site come in part from the Internet Data exchange ("IDX") program of TCAR MLS, Inc. Real estate listings held by brokers other than Zillow, Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.