Under $300K Investment Properties for Sale in Farmington, NM
Listed for sale 2 days ago
$ 249,000
ROI
24.0
Cash Flow/m
291- 4 Bed
- 2 Bath
- 2072 sft
96 Road 5580, Farmington, NM, 87401
$ 269,900
ROI
26.8Cash Flow/m
527- 3 Bed
- 2 Bath
- 1960 sft
500 Glade Pl, FARMINGTON, NM, 87401
Fix & Flip
Listed for sale 4 days ago
$ 289,900
ROI
22.8Cash Flow/m
246- 3 Bed
- 2 Bath
- 1196 sft
709 W Apache St, Farmington, NM, 87401
$ 145,000
ROI
26.6Cash Flow/m
275- 2 Bed
- 2 Bath
- 1120 sft
6103 Mancos Ln, FARMINGTON, NM, 87402
Why Invest in Farmington, New Mexico?
Farmington, NM offers strong investment opportunities in homes under $300k, with affordable entry points for single-family rentals. The local economy benefits from energy sector stability, supporting steady **rental yields** around 7-9%. **Cap rates** average 8%, driven by high renter occupancy over 40%. Annual appreciation holds at 4-5%, bolstered by regional job growth. Low vacancy and cash flow potential make these properties attractive for passive income.
9.2%
Avg. ROI
8.1%
Rental Yield
8.2%
Cap Rate
$850/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
Investors can expect 8-9% rental yields and cap rates around 8% on under $300k properties. Average monthly cash flow is $800-900 after expenses. These metrics are supported by steady energy sector demand.
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