1402 N Wheaton StClovisNM88101
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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 1402 N Wheaton St, Clovis, NM, 88101 at $159,900 posts ROI 27.61% with $340/mo cash flow from $1,279/mo rent. Total monthly income equals $1,279/mo, and annual cash flow records $4,081/yr on $53,007 to close. Return on cash invested measures 27.61% and rental yield reads 9.6% at the current $159,900. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,177 by year five. Five-year ROI prints 143.81% and total cumulative return in cash totals $76,230.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,279/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1985
2.80 Acres 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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Listed by: Destiny Ulibarri • Coldwell Banker Prime Real Estate
Mls Name: New Mexico MLS
Mls ID: #20254909