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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

5.1%

Avg Cash on Cash

-5.9%

Median Cashflow

-$332/mo

Avg Rent Estimate

$2,265/mo

Avg Price

$365,733

Price Range

$270,000 - $540,400

Rent to Price

0.62%

low ratio

Positive Cashflow

11%

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 5.1% 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 -$332 with average rents of $2,265/month. Properties range from $270,000 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

Full Analysis

6427 Bent Tree Cir, Farmington, NM 87402

Price

$540,400

Rent

$2,888

CachFlow

-$1,134

CoC

-11.99

Full Analysis

2501 E 23rd St, Farmington, NM 87401

Price

$274,900

Rent

$1,802

CachFlow

-$255

CoC

-5.3

Full Analysis

1606 E 17th St, Farmington, NM 87401

Price

$335,000

Rent

$2,333

CachFlow

-$188

CoC

-3.21

Full Analysis

2 Road 1633, Farmington, NM 87401

Price

$525,000

Rent

$2,719

CachFlow

-$950

CoC

-10.34

Full Analysis
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Farmington, NM Rental Market Insights

  • Median cashflow is -$332/month — careful deal selection is essential here
  • 5.1% median cap rate reflects a balanced risk-return profile
  • At 11% positive cashflow rate, Farmington, NM requires selective property picks
  • Mid-to-upper tier market with properties from $270,000 to $540,400
  • Early-stage market data — revisit as more properties are analyzed for stronger signals

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