4100 Saint Michaels DrFarmingtonNM87401
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 Farmington at 4100 Saint Michaels Dr, Farmington, NM, 87401 priced at $679,000 pairs $2,789/mo rent with after a $3,323/mo payment. Total monthly income equals $2,789/mo. Return on cash invested is 13.64% in year one, and rental yield stands at 4.93% on a $679,000 basis. Equity gained on principal adds $4,381/yr, and 5% annual appreciation accumulates to $187,595 by year five. Five-year ROI measures 68.74% and total cumulative return in cash reaches $153,551. For financing, Ziffy Mortgage’s DSCR program evaluates $2,789/mo property income against a $3,323/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.59 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jared Blake • R1 New Mexico Farmington
Mls Name: SJCMLS
Mls Provider:
Mls ID: #25-392
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.