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

Multi Family Investment Properties for Sale in Clovis, NM

Property at 1217 Ross St, Clovis, NM
Currently Rented
Rental Income
$ 145,000
ROI
26.1ROI percentage
Cash Flow/m
Dollar sign255
  • 2 Bed
  • 1 Bath
  • 2378 sft
1217 Ross St, Clovis, NM, 88101
Property at 312 Cortez St, Clovis, NM
$ 270,000
ROI
23.4ROI percentage
Cash Flow/m
Dollar sign274
  • 2 Bed
  • 2 Bath
  • - sft
312 Cortez St, Clovis, NM, 88101
Property at 120 Chisum Dr, Clovis, NM
$ 365,000
ROI
25.4ROI percentage
Cash Flow/m
Dollar sign577
  • 4 Bed
  • 4 Bath
  • 2124 sft
120 Chisum Dr, Clovis, NM, 88101
Property at 1321 Wallace St, Clovis, NM
Currently Rented
$ 140,000
ROI
33.3ROI percentage
Cash Flow/m
Dollar sign526
  • 5 Bed
  • 2 Bath
  • 1412 sft
1321 Wallace St, Clovis, NM, 88101

Why Invest in Clovis, New Mexico?

Multi-family properties in Clovis, NM offer strong investment potential with steady rental demand from Cannon Air Force Base personnel and local workforce. Average rents around $900 support solid cash flows, while cap rates hover at 7-8%. Annual appreciation of 3-4% and high renter occupancy near 40% make it attractive. Low entry prices for duplexes under $300k enable accessible scaling. Stable economy drives consistent returns for hands-off investors.

9.2%
Avg. ROI
7.5%
Rental Yield
7.8%
Cap Rate
$18500/mo
Avg. Cash Flow
$925/mo
Avg. Rent
3.4%
1Y Appreciation

Frequently Asked Questions

Cannon Air Force Base drives primary demand with stable military tenants. University students and healthcare workers add consistent occupancy. Renter rates exceed 39% per Census data.

Find Your Perfect Investment Property in Clovis, New Mexico

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