04/07/2026
Since listing 1207 Griffin Ave, I've had multiple calls from people asking if it's available to rent.
It's not. It's for sale.
But those calls tell you something real about this property — there's genuine rental demand at this address, in this neighborhood, at this price point.
Here's what the numbers look like:
$215,000 acquisition. 3 bedrooms, 1 bath. 910 square feet. Metal roof. Forced air heat. Washer and dryer included. 0.33-acre lot with RV parking and a storage building. Ditch irrigation rights. VA, FHA, and conventional financing all accepted.
Rental comps in this area for a 3-bedroom are running $1,100 to $1,400 per month depending on condition and lease terms. That's a rough 6 to 7.8% gross yield on acquisition cost before expenses.
This isn't a luxury investment. It's a practical one. Solid structure, low-maintenance metal roof, in-town location, and a tenant market that's already trying to find it.
If you've been looking for an entry-level rental in Farmington — this is the one to call about first.
Text Jordan: 505-444-3030