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REI Lense

Farmington, NM Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Farmington, NM. Based on 10+ datapoints.

Farmington, NM Long-Term Rental Investment Snapshot

Based on 10+ long-term rental datapoints

Median Cap Rate

5%

Avg Cash on Cash

-6.4%

Median Cashflow

-$328/mo

Avg Rent Estimate

$2,198/mo

Avg Price

$313,930

Price Range

$239,000 - $360,000

Rent to Price

0.7%

low ratio

Positive Cashflow

17%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Farmington, NM

Farmington, NM is an emerging long-term rental market gaining investor attention. With 10+ properties analyzed, early data shows the market is developing. The median cap rate of 5% suggests room for early-mover advantage as more rental inventory becomes available.

Based on 10+ analyzed properties, the median monthly cashflow in Farmington, NM is -$328 with average rents of $2,198/month. Properties range from $239,000 to $360,000, offering entry points across multiple investment budgets.

1220 Turning Leaf Ln, Farmington, NM 87401

Price

$314,200

Rent

$2,014

CachFlow

-$324

CoC

-5.89

Full Analysis

4305 Wilshire Dr, Farmington, NM 87402

Price

$239,000

Rent

$2,268

CachFlow

$290

CoC

6.93

Full Analysis

2708 Zia Ct, Farmington, NM 87401

Price

$359,900

Rent

$1,709

CachFlow

-$742

CoC

-11.78

Full Analysis

2007 N Mesa Verde Ave, Farmington, NM 87401

Price

$309,900

Rent

$1,894

CachFlow

-$372

CoC

-6.86

Full Analysis

6427 Bent Tree Cir, Farmington, NM 87402

Price

$540,400

Rent

$2,888

CachFlow

-$1,134

CoC

-11.99

Full Analysis
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Farmington, NM Rental Market Insights

  • Median cashflow is -$328/month — careful deal selection is essential here
  • 5% median cap rate reflects a balanced risk-return profile
  • At 17% positive cashflow rate, Farmington, NM requires selective property picks
  • Moderately priced market with properties from $239,000 to $360,000
  • Early-stage market data — revisit as more properties are analyzed for stronger signals

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