Under $200K Investment Properties for Sale in Clovis, NM
193- 3 Bed
- 2 Bath
- - sft
271- 2 Bed
- 2 Bath
- 983 sft
219- 3 Bed
- 1 Bath
- 936 sft
375- 2 Bed
- 1 Bath
- 809 sft
Why Invest in Clovis, New Mexico?
Discover investment opportunities in Clovis, NM under $200k, offering affordable entry into a growing market. Properties here provide solid **rental yields** around 8-10% with steady cash flow potential. The local economy supports consistent demand from renters, driven by Cannon AFB and agriculture. Annual appreciation hovers at 4-5%, bolstered by low vacancy rates under 6%. Cap rates average 7-9%, making it attractive for value-add strategies in this stable NM city.
Frequently Asked Questions
Affordable entry prices combine with strong rental demand from Cannon AFB personnel and families. Average cap rates of 8% and yields near 9% offer reliable cash flow. Low vacancy supports consistent occupancy in this stable market.
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