2333 E 11th StFarmingtonNM87401
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2333 E 11th St, Farmington, NM, 87401 earns $375/mo cash flow from $1,752/mo rent with a $1,148/mo payment. Total monthly income totals $1,752/mo, and annual cash flow totals $4,504/yr on $77,737 capital. ROI tracks 25.7% on current figures, and rental yield reads 8.97% at a $234,500 purchase. Equity gained on principal adds $1,513/yr, and 5% annual appreciation supports $64,788 over five years. Five-year ROI reaches 133.52% and total cumulative return in cash sums $103,792. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,752/mo property income instead of your personal income.
Single Family
Built in 1959
7,405 sqft 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: Loria Hamilton-Field • USRealty.com, LLP
Mls Name: SFARMLS
Mls Provider:
Mls ID: #202502136
Disclaimer: The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (IDX) program of SFAR MLS, Inc. Real estate listings held by brokers other than Zillow, Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.