5603 Lee LnFarmingtonNM87402
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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 Farmington at 5603 Lee Ln, Farmington, NM, 87402 earns $143/mo cash flow from $2,896/mo rent with a $2,296/mo payment. Total monthly income totals $2,896/mo, and annual cash flow totals $1,713/yr on $155,474 capital. ROI tracks 21.01% on current figures, and rental yield reads 7.41% at a $469,000 purchase. Equity gained on principal adds $3,026/yr, and 5% annual appreciation supports $129,576 over five years. Five-year ROI reaches 108.32% and total cumulative return in cash sums $168,415. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,896/mo property income instead of your personal income.
Single Family
Built in 1978
9,147 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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Listed by: Sam R Todd • RE/MAX of Farmington
Mls Name: SJCMLS
Mls ID: #25-1317