941 Calle Mejia APT 1212Santa FeNM87501
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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 941 Calle Mejia APT 1212, Santa Fe, NM, 87501 earns $657/mo cash flow from $2,300/mo rent with a $1,126/mo payment. Total monthly income totals $2,300/mo, and annual cash flow totals $7,881/yr on $76,245 capital. ROI tracks 30.25% on current figures, and rental yield reads 12% at a $230,000 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 over five years. Five-year ROI reaches 159.54% and total cumulative return in cash sums $121,639. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,300/mo property income instead of your personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
$293 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87501, Santa Fe, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,095 (100%) |
| Owner Occupied HU | 5,236 (51.9%) |
| Renter Occupied HU | 2,987 (29.6%) |
| Vacant Housing Units | 1,872 (18.5%) |
| Median Home Value | $731,150 |
| Average Home Value | $895,812 |
Housing Distribution
Address Breakdown
Residential
8,688
Single Family
7,953
Multi-Family
735
Businesses
1,573
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Listed by: Grant Alexander • Barker Realty, LLC
Mls Name: SFARMLS
Mls Provider:
Mls ID: #202403009
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.