1344 Us Highway 60 84ClovisNM88101
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Nearby investment properties with comparable prices
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 1344 Us Highway 60 84, Clovis, NM, 88101 offers a 8.82% rental yield on a $228,300 purchase with $1,678/mo rent. Total monthly income registers $1,678/mo, and a $1,117/mo payment leaves $322/mo available for distribution. Annual cash flow reaches $3,867/yr on $75,681 to close, and return on cash invested stands at 25.02% in year one. Equity gained on principal adds $1,473/yr while 5% annual appreciation supports $63,075 over five years. Portfolio math shows five-year ROI at 129.97% and total cumulative return in cash at $98,365. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,678/mo property income against a $1,117/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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