212 Padilla DrFarmingtonNM87401
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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 Farmington at 212 Padilla Dr, Farmington, NM, 87401 uses $56,024 cash to close to unlock $9,207/yr annual cash flow and $767/mo monthly cash flow. Total monthly income runs $1,759/mo, and a $827/mo payment keeps the spread at $767/mo. Purchase price stands at $169,000, and rental yield measures 12.49% with $1,759/mo rent. Return on cash invested shows 36.34% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 190.6% and total cumulative return in cash records $106,783. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,759/mo property income covering a $827/mo payment rather than investor’s personal income.
Single Family
Built in 1977
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87401, Farmington, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,834 (100%) |
| Owner Occupied HU | 11,679 (58.9%) |
| Renter Occupied HU | 6,029 (30.4%) |
| Vacant Housing Units | 2,126 (10.7%) |
| Median Home Value | $209,464 |
| Average Home Value | $224,904 |
Housing Distribution
Address Breakdown
Residential
15,432
Single Family
14,640
Multi-Family
792
Businesses
1,527
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Listed by: Sylvia C Butcher • San Juan Realty
Mls Name: SJCMLS
Mls Provider:
Mls ID: #25-930
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.