309 W Maple AveBLOOMFIELDNM87413
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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 309 W Maple Ave, BLOOMFIELD, NM, 87413 offers a 9.63% rental yield on a $125,000 purchase with $1,003/mo rent. Total monthly income registers $1,003/mo, and a $612/mo payment leaves $269/mo available for distribution. Annual cash flow reaches $3,230/yr on $41,438 to close, and return on cash invested stands at 27.7% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 144.32% and total cumulative return in cash at $59,801. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,003/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1986
6,098 sqft 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: Paul M Barry • RE/MAX of Farmington
Mls Name: SJCMLS
Mls ID: #25-1308