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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Clovis at 1008 Curry Rd #5, Clovis, NM, 88101 generates $1,196/mo in rent and, after a $612/mo payment, leaves $462/mo in cash flow. Total monthly income is $1,196/mo, and annual cash flow is $5,546/yr on $41,438 invested. Return on cash invested sits at 33.29% in year one, and rental yield is 11.48% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 174.29% and total cumulative return in cash sums $72,221. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,196/mo property income rather than buyer’s personal income.
Single Family
Built in 1937
6.39 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 88101, Clovis, NM area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,855 (100%) |
| Owner Occupied HU | 10,243 (51.6%) |
| Renter Occupied HU | 7,160 (36.1%) |
| Vacant Housing Units | 2,452 (12.3%) |
| Median Home Value | $182,003 |
| Average Home Value | $209,755 |
Residential
20,584
Single Family
20,166
Multi-Family
418
Businesses
1,526
Date | Event | Price |
|---|---|---|
| 2024-10-01 | Price change | $125,000 |
| 2024-08-31 | Listed for sale | $135,000 |
| 2020-08-19 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | $571.20 | N/A | $27,617 | N/A |
| 2022-10-14 | $571.20 | 2.62% | $27,617 | N/A |
| 2021-10-14 | $556.62 | -0.60% | $27,617 | N/A |
Listed by: Anna Ortiz • Berkshire Hathaway Homes Services Enchanted Lands - Clovis
Mls Name: New Mexico MLS
Mls Provider:
Mls ID: #20245102
Disclaimer: The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange (IDX) program of the New Mexico Multi-Board MLS. Real Estate listings held by brokers other than Zillow, Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.
