6116 Jack Rabbit JctFarmingtonNM87402
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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 6116 Jack Rabbit Jct, Farmington, NM, 87402 listed at $659,900 pairs $3,643/mo rent with a $3,230/mo payment. Total monthly income runs $3,643/mo. Return on cash invested measures 18.79% in year one, and rental yield registers 6.62% at a $659,900 basis. Equity gained on principal adds $4,258/yr, and annual property appreciation at 5% supports $182,318 by year five. Five-year ROI tracks 96.37% and total cumulative return in cash totals $209,222. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,643/mo property income relative to a $3,230/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
5 Acres 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: Marla D Armenta • absolute Realty
Mls Name: SJCMLS
Mls Provider:
Mls ID: #25-477
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.