2600 W Blanco BlvdBloomfieldNM87413
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
Rental property for sale in Bloomfield at 2600 W Blanco Blvd, Bloomfield, NM, 87413 generates $1,811/mo in rent and, after a $1,101/mo payment, leaves $491/mo in cash flow. Total monthly income is $1,811/mo, and annual cash flow is $5,887/yr on $74,588 invested. Return on cash invested sits at 27.8% in year one, and rental yield is 9.66% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 144.76% and total cumulative return in cash sums $107,973. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,811/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
1.10 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Caleb Jacobo • R1 New Mexico Farmington
Mls Name: SJCMLS
Mls Provider:
Mls ID: #25-699
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.