4409 Arctic StFarmingtonNM87402
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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
Rental property for sale in Farmington at 4409 Arctic St, Farmington, NM, 87402 priced at $216,100 pairs $2,201/mo rent with $932/mo cash flow after a $1,058/mo payment. Total monthly income equals $2,201/mo, and annual cash flow comes to $11,188/yr on $71,637 invested. Return on cash invested is 35.53% in year one, and rental yield stands at 12.22% on a $216,100 basis. Equity gained on principal adds $1,394/yr, and 5% annual appreciation accumulates to $59,704 by year five. Five-year ROI measures 186.22% and total cumulative return in cash reaches $133,403. For financing, Ziffy Mortgage’s DSCR program evaluates $2,201/mo property income against a $1,058/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1981
5,663 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87402, Farmington, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,336 (100%) |
| Owner Occupied HU | 3,102 (71.5%) |
| Renter Occupied HU | 960 (22.1%) |
| Vacant Housing Units | 274 ( 6.3%) |
| Median Home Value | $285,255 |
| Average Home Value | $315,181 |
Housing Distribution
Address Breakdown
Residential
4,259
Single Family
4,243
Multi-Family
16
Businesses
455
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