9 Buffalo DrawSanta 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
Rental property for sale in Santa Fe at 9 Buffalo Draw, Santa Fe, NM, 87508 generates $2,654/mo in rent and, after a $2,080/mo payment, leaves $5/mo in cash flow. Total monthly income is $2,654/mo, and annual cash flow is $56/yr on $140,888 invested. Return on cash invested sits at 19.95% in year one, and rental yield is 7.49% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 103.12% and total cumulative return in cash sums $145,289. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,654/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
4,356 sqft lot
$N/A/sqft
$465 quarterly 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: Virginia DiRaddo • Keller Williams Realty
Mls Name: SWMLS
Mls Provider:
Mls ID: #1080543
Disclaimer: Some of the information contained herein has been provided by Southwest Multiple Listing Service, Inc. (SWMLS) This information is from sources deemed reliable but not guaranteed by SWMLS. The information is for consumers personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.