104 S Turner StBloomfieldNM87413
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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 Bloomfield at 104 S Turner St, Bloomfield, NM, 87413 listed at $256,000 pairs $2,101/mo rent with a $1,253/mo payment to leave $598/mo cash flow. Total monthly income runs $2,101/mo, and annual cash flow reaches $7,181/yr on $84,864 cash to close. Return on cash invested measures 28.37% in year one, and rental yield registers 9.85% at a $256,000 basis. Equity gained on principal adds $1,652/yr, and annual property appreciation at 5% supports $70,728 by year five. Five-year ROI tracks 147.83% and total cumulative return in cash totals $125,458. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,101/mo property income relative to a $1,253/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1946
0.34 Acres 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: Gabriel Garcia • EXP Realty, LLC
Mls Name: SJCMLS
Mls ID: #25-1202