3003 Northwood CirFarmingtonNM87401
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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 3003 Northwood Cir, Farmington, NM, 87401 earns $233/mo cash flow from $2,492/mo rent with a $1,884/mo payment. Total monthly income totals $2,492/mo, and annual cash flow totals $2,791/yr on $127,628 capital. ROI tracks 22.1% on current figures, and rental yield reads 7.77% at a $385,000 purchase. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,368 over five years. Five-year ROI reaches 114.15% and total cumulative return in cash sums $145,690. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,492/mo property income instead of your 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: Manuel Jacob Armijo • Real Broker, LLC
Mls Name: SJCMLS
Mls ID: #26-38