8 Zorrito CtSanta 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 Zorrito Ct, Santa Fe, NM, 87508 with 5% annual appreciation on a $719,347 basis while $4,240/mo rent supports operations. 85% in year one. Equity gained on principal adds $4,642/yr, and five-year appreciation sums $198,742 alongside rental yield of 7.07%. Five-year ROI measures 102.15% and total cumulative return in cash totals $241,758. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,240/mo property income versus a $3,521/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
1.91 Acres lot
$N/A/sqft
$60 monthly 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: N/A • N/A
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