8 Carlito RdSanta 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 8 Carlito Rd, Santa Fe, NM, 87508 listed at $655,000 pairs $3,653/mo rent with a $3,206/mo payment. Total monthly income runs $3,653/mo. Return on cash invested measures 18.99% in year one, and rental yield registers 6.69% at a $655,000 basis. Equity gained on principal adds $4,227/yr, and annual property appreciation at 5% supports $180,964 by year five. Five-year ROI tracks 97.48% and total cumulative return in cash totals $210,071. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,653/mo property income relative to a $3,206/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1992
1.64 Acres 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: Brandy Lee Weir • Keller Williams Realty
Mls Name: SWMLS
Mls ID: #1093779