1217 Purdue AveClovisNM88101
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Clovis at 1217 Purdue Ave, Clovis, NM, 88101 earns $692/mo cash flow from $2,189/mo rent with a $1,248/mo payment. Total monthly income totals $2,189/mo, and annual cash flow totals $8,308/yr on $84,533 capital. ROI tracks 29.74% on current figures, and rental yield reads 10.3% at a $255,000 purchase. Equity gained on principal adds $1,645/yr, and 5% annual appreciation supports $70,452 over five years. Five-year ROI reaches 155.17% and total cumulative return in cash sums $131,168. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,189/mo property income instead of your personal income.
Single Family
Built in 1990
8,515 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 88101, Clovis, NM area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
20,584
Single Family
20,166
Multi-Family
418
Businesses
1,526
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