520A N Kirby StBloomfieldNM87413
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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 520A N Kirby St, Bloomfield, NM, 87413 priced at $326,400 converts $2,155/mo rent into $239/mo cash flow after a $1,598/mo obligation. Total monthly income equals $2,155/mo, and annual cash flow totals $2,865/yr on $108,202 invested. Return on cash invested prints 22.56% in year one, and rental yield reads 7.92% against a $326,400 entry. Equity gained on principal adds $2,106/yr, while 5% annual appreciation compiles into $90,178 by year five. Five-year ROI reaches 116.61% and total cumulative return in cash sums $126,176. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,155/mo property income covering a $1,598/mo payment, not borrower’s personal income.
Home Type Unknown
Built in N/A
N/A 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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