812 N Vine AveFarmingtonNM87401
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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 812 N Vine Ave, Farmington, NM, 87401 with 5% annual appreciation on a $229,000 basis while $1,700/mo rent supports operations. Total monthly income totals $1,700/mo and a $1,121/mo payment preserves $356/mo for cash returns. Annual cash flow comes to $4,269/yr on $75,914 deployed, and return on cash invested reaches 25.53% in year one. Equity gained on principal adds $1,478/yr, and five-year appreciation sums $63,268 alongside rental yield of 8.91%. Five-year ROI measures 132.58% and total cumulative return in cash totals $100,649.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,700/mo property income versus a $1,121/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1954
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87401, Farmington, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,834 (100%) |
| Owner Occupied HU | 11,679 (58.9%) |
| Renter Occupied HU | 6,029 (30.4%) |
| Vacant Housing Units | 2,126 (10.7%) |
| Median Home Value | $209,464 |
| Average Home Value | $224,904 |
Housing Distribution
Address Breakdown
Residential
15,432
Single Family
14,640
Multi-Family
792
Businesses
1,527
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Listed by: Jennifer Marie Wood • Real Estate PROS
Mls Name: SJCMLS
Mls ID: #25-1536