Condo Investment Properties in Clovis, NM | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Condo Investment Properties for Sale in Clovis, NM

Property at 108 Jack Little Dr Unit B7, Ruidoso, NM
Listed for sale 2 days ago
$ 360,000
ROI
24.6ROI percentage
Cash Flow/m
Dollar sign482
  • 3 Bed
  • 4 Bath
  • 2600 sft
108 Jack Little Dr Unit B7, Ruidoso, NM, 88345
Property at 209 N Eagle Dr #12, Ruidoso, NM
Listed for sale 3 days ago
$ 235,000
ROI
23.0ROI percentage
Cash Flow/m
Dollar sign210
  • 2 Bed
  • 2 Bath
  • 1134 sft
209 N Eagle Dr #12, Ruidoso, NM, 88345
Property at 39 Vail Ave #111, Angel Fire, NM
Listed for sale 3 days ago
$ 269,000
ROI
21.4ROI percentage
Cash Flow/m
Dollar sign124
  • 2 Bed
  • 2 Bath
  • 1080 sft
39 Vail Ave #111, Angel Fire, NM, 87710
Property at 2200 W Pierce St Unit 1-C, Carlsbad, NM
Listed for sale 3 days ago
$ 125,000
ROI
26.2ROI percentage
Cash Flow/m
Dollar sign225
  • 2 Bed
  • 2 Bath
  • 1216 sft
2200 W Pierce St Unit 1-C, Carlsbad, NM, 88220

Why Invest in Clovis, New Mexico?

Clovis, NM offers compelling opportunities for condo investors seeking steady rental income in a stable market. Leverage consistent demand from Cannon Air Force Base personnel and local workforce. Average rents support solid cash flow with cap rates around 7-8%. Renter occupancy exceeds 40%, bolstered by military presence. Moderate appreciation potential amid New Mexico's balanced housing dynamics. Low entry prices make condos accessible for diversified portfolios.

8.5%
Avg. ROI
7.2%
Rental Yield
7.8%
Cap Rate
$450/mo
Avg. Cash Flow
$1050/mo
Avg. Rent
1.2%
1Y Appreciation

Frequently Asked Questions

Yes, condos offer strong rental yields around 7% due to demand from military families. Low purchase prices under $160k provide accessible entry. Stable occupancy from Cannon AFB ensures consistent cash flow.

Find Your Perfect Investment Property in Clovis, New Mexico

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