Under $500K Investment Properties for Sale in Clovis, NM
Listed for sale 2 days ago
$ 248,000
ROI
28.1
Cash Flow/m
574- 4 Bed
- 2 Bath
- 1672 sft
1440 Fairmont Ct, Clovis, NM, 88101
Listed for sale 3 days ago
$ 185,000
ROI
31.3Cash Flow/m
593- 4 Bed
- 2 Bath
- 1450 sft
105 La Salle Dr, Clovis, NM, 88101
Listed for sale 3 days ago
$ 394,900
ROI
22.2Cash Flow/m
269- 4 Bed
- 3 Bath
- 2743 sft
2401 Northglen Dr, Clovis, NM, 88101
Listed for sale 3 days ago
$ 139,000
ROI
34.3Cash Flow/m
561- 3 Bed
- 1 Bath
- 1108 sft
129 Tucker Cir, Clovis, NM, 88101
Why Invest in Clovis, New Mexico?
Discover investment opportunities in Clovis, NM under $500K, where affordable entry points meet steady rental demand. The local economy supports solid **rental yields** around 7-9% with **cap rates** of 6-8%. **Appreciation** averages 4% annually amid growing population. **Renter-occupied** housing exceeds 40%, driven by Cannon AFB and stable employment. Low acquisition costs under $500K enable high **cash flow** potential for investors.
9.5%
Avg. ROI
8.2%
Rental Yield
7.1%
Cap Rate
$850/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
Affordable properties under $500K offer high rental yields from Cannon AFB demand. Stable economy and 4% appreciation provide reliable returns. Renter occupancy over 40% ensures cash flow.
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