97 Johnson MesaSanta 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 97 Johnson Mesa, Santa Fe, NM, 87508 priced at $488,000 pairs $3,300/mo rent with $435/mo cash flow after a $2,389/mo payment. Total monthly income equals $3,300/mo, and annual cash flow comes to $5,222/yr on $161,772 invested. Return on cash invested is 23.14% in year one, and rental yield stands at 8.11% on a $488,000 basis. Equity gained on principal adds $3,149/yr, and 5% annual appreciation accumulates to $134,825 by year five. Five-year ROI measures 119.75% and total cumulative return in cash reaches $193,724. For financing, Ziffy Mortgage’s DSCR program evaluates $3,300/mo property income against a $2,389/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2005
3,049 sqft 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: Adrienne DeGuere • Sotheby's Int. RE/Washington
Mls Name: SFARMLS
Mls ID: #202503982