511 N Executive DrBloomfieldNM87413
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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 Bloomfield at 511 N Executive Dr, Bloomfield, NM, 87413 generates $1,767/mo in rent and, after a $1,272/mo payment, leaves $242/mo in cash flow. Total monthly income is $1,767/mo, and annual cash flow is $2,899/yr on $86,157 invested. Return on cash invested sits at 23.27% in year one, and rental yield is 8.16% on a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 120.49% and total cumulative return in cash sums $103,810. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,767/mo property income rather than buyer’s personal income.
Manufactured
Built in N/A
8,276 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: Treva L Fox-Christy • Real Estate PROS
Mls Name: SJCMLS
Mls ID: #25-1486