515 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
Investment property for sale in Bloomfield at 515 N Executive Dr, Bloomfield, NM, 87413 with 5% annual appreciation on a $215,000 basis while $1,988/mo rent supports operations. Total monthly income totals $1,988/mo and a $1,052/mo payment preserves $726/mo for cash returns. Annual cash flow comes to $8,717/yr on $71,273 deployed, and return on cash invested reaches 32.14% in year one. Equity gained on principal adds $1,387/yr, and five-year appreciation sums $59,401 alongside rental yield of 11.1%. Five-year ROI measures 168.05% and total cumulative return in cash totals $119,773.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,988/mo property income versus a $1,052/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2000
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: Elizabeth M Tafoya • RE/MAX of Farmington
Mls Name: SJCMLS
Mls ID: #26-20