8 Santa Ana LoopPlacitasNM87043
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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 Placitas at 8 Santa Ana Loop, Placitas, NM, 87043 priced at $995,000 converts $4,472/mo rent into after a $4,870/mo obligation. Total monthly income equals $4,472/mo. Return on cash invested prints 15.05% in year one, and rental yield reads 5.39% against a $995,000 entry. Equity gained on principal adds $6,421/yr, while 5% annual appreciation compiles into $274,900 by year five. Five-year ROI reaches 76.3% and total cumulative return in cash sums $249,774. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,472/mo property income covering a $4,870/mo payment, not borrower’s personal income.
Single Family
Built in 2006
1.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87043, Placitas, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,769 (100%) |
| Owner Occupied HU | 2,367 (85.5%) |
| Renter Occupied HU | 200 ( 7.2%) |
| Vacant Housing Units | 202 ( 7.3%) |
| Median Home Value | $514,190 |
| Average Home Value | $559,205 |
Housing Distribution
Address Breakdown
Residential
2,413
Single Family
2,413
Multi-Family
0
Businesses
135
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Listed by: Mark J Puckett • Platinum Properties & Invst.
Mls Name: SWMLS
Mls ID: #1091258