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
4.9%
Avg Cash on Cash
-6.7%
Median Cashflow
-$348/mo
Avg Rent Estimate
$2,325/mo
Avg Price
$351,570
Price Range
$239,000 - $540,400
Rent to Price
0.66%
low ratio
Positive Cashflow
20%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Farmington, NM
Farmington, NM is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.9%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 10+ analyzed properties, the median monthly cashflow in Farmington, NM is -$348 with average rents of $2,325/month. Properties range from $239,000 to $540,400, offering entry points across multiple investment budgets.
2007 N Mesa Verde Ave, Farmington, NM 87401
Price
$309,900
Rent
$1,894
CachFlow
-$372
CoC
-6.86
6427 Bent Tree Cir, Farmington, NM 87402
Price
$540,400
Rent
$2,888
CachFlow
-$1,134
CoC
-11.99
Farmington, NM Rental Market Insights
- •Median cashflow is -$348/month — careful deal selection is essential here
- •4.9% median cap rate is typical of appreciation-focused markets
- •At 20% positive cashflow rate, Farmington, NM requires selective property picks
- •Mid-to-upper tier market with properties from $239,000 to $540,400
- •Consider this market if your strategy favors equity growth with rental income covering holding costs