102 Garden CirBloomfieldNM87413
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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 Bloomfield at 102 Garden Cir, Bloomfield, NM, 87413 priced at $337,000 pairs $2,168/mo rent with $190/mo cash flow after a $1,649/mo payment. Total monthly income equals $2,168/mo, and annual cash flow comes to $2,285/yr on $111,716 invested. Return on cash invested is 21.95% in year one, and rental yield stands at 7.72% on a $337,000 basis. Equity gained on principal adds $2,175/yr, and 5% annual appreciation accumulates to $93,107 by year five. Five-year ROI measures 113.41% and total cumulative return in cash reaches $126,696. For financing, Ziffy Mortgage’s DSCR program evaluates $2,168/mo property income against a $1,649/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87413, Bloomfield, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,692 (100%) |
| Owner Occupied HU | 3,688 (64.8%) |
| Renter Occupied HU | 1,332 (23.4%) |
| Vacant Housing Units | 672 (11.8%) |
| Median Home Value | $204,293 |
| Average Home Value | $249,393 |
Housing Distribution
Address Breakdown
Residential
4,502
Single Family
4,452
Multi-Family
50
Businesses
296
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Listed by: Chelsea Hampton • R1 New Mexico Farmington
Mls Name: SJCMLS
Mls ID: #25-1192