742 Avenida Veracruz #43Santa FeNM87506
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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
Rental property for sale in Santa Fe at 742 Avenida Veracruz #43, Santa Fe, NM, 87506 generates $4,099/mo in rent, after a $3,915/mo payment. Total monthly income is $4,099/mo. Return on cash invested sits at 17.34% in year one, and rental yield is 6.15% on a $799,900 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation builds toward $220,998 over five years. Five-year ROI reaches 88.64% and total cumulative return in cash sums $233,268. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,099/mo property income rather than buyer’s personal income.
Condo
Built in 2025
40.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87506, Santa Fe, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,971 (100%) |
| Owner Occupied HU | 5,887 (65.6%) |
| Renter Occupied HU | 1,612 (18.0%) |
| Vacant Housing Units | 1,472 (16.4%) |
| Median Home Value | $740,284 |
| Average Home Value | $851,960 |
Housing Distribution
Address Breakdown
Residential
7,136
Single Family
6,182
Multi-Family
954
Businesses
160
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Listed by: Warren Harris • Bosque Realty LLC
Mls Name: SFARMLS
Mls ID: #202504247