213 Manson DrClovisNM88101
Nearby investment properties with comparable rents
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 213 Manson Dr, Clovis, NM, 88101 uses $38,123 cash to close to unlock $2,758/yr annual cash flow and $230/mo monthly cash flow. Total monthly income runs $905/mo, and a $563/mo payment keeps the spread at $230/mo. Purchase price stands at $115,000, and rental yield measures 9.44% with $905/mo rent. Return on cash invested shows 27.14% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 141.23% and total cumulative return in cash records $53,841. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $905/mo property income covering a $563/mo payment rather than investor’s personal income.
Single Family
Built in 1959
6,499 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Randy Petty • Town & Country Real Estate, Inc.
Mls Name: New Mexico MLS
Mls ID: #20254952