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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
Currently Rented
Rental Income
$ 339,000
ROI
30.9
Cash Flow/m
1049- 6 Bed
- 3 Bath
- 2296 sft
1033 Louisiana Blvd SE, Albuquerque, NM, 87108
Rental Income
$ 218,000
ROI
23.9Cash Flow/m
253- - Bed
- - Bath
- - sft
141 & 145 Wilson St, Hatch, NM, 87937
Currently Rented
Rental Income
$ 479,000
ROI
20.6Cash Flow/m
112- 4 Bed
- 3 Bath
- 1647 sft
516 Arno St NE, Albuquerque, NM, 87102
$ 479,900
ROI
19.8Cash Flow/m
3- 4 Bed
- 2 Bath
- 1978 sft
1821 Silver Ave SE, Albuquerque, NM, 87106
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.
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