208 Sandia DrClovisNM88101
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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 208 Sandia Dr, Clovis, NM, 88101 with 5% annual appreciation on a $163,000 basis while $1,246/mo rent supports operations. Total monthly income totals $1,246/mo and a $798/mo payment preserves $289/mo for cash returns. Annual cash flow comes to $3,469/yr on $54,035 deployed, and return on cash invested reaches 26.33% in year one. Equity gained on principal adds $1,052/yr, and five-year appreciation sums $45,034 alongside rental yield of 9.17%. Five-year ROI measures 136.95% and total cumulative return in cash totals $73,999.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,246/mo property income versus a $798/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1954
7,348 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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Listed by: Meghan Foote • Re/Max First Place Realtors Clovis
Mls Name: New Mexico MLS
Mls ID: #20255484