742 Avenida Veracruz #46Santa 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
Investment property for sale in Santa Fe at 742 Avenida Veracruz #46, Santa Fe, NM, 87506 uses $279,617 cash to close to unlock $31,384/yr annual cash flow and $2,615/mo monthly cash flow. Total monthly income runs $8,370/mo, and a $4,160/mo payment keeps the spread at $2,615/mo. Purchase price stands at $849,900, and rental yield measures 11.82% with $8,370/mo rent. Return on cash invested shows 31.28% in year one, and 5% annual appreciation builds toward $234,812 over five years. Five-year ROI reaches 164.58% and total cumulative return in cash records $460,202. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $8,370/mo property income covering a $4,160/mo payment rather than investor’s personal income.
Condo
Built in 2025
40.53 Acres lot
$N/A/sqft
$766 monthly 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 Provider:
Mls ID: #202504911
Disclaimer: The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (IDX) program of SFAR 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.