221 Herb StClovisNM88101
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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
Rental property for sale in Clovis at 221 Herb St, Clovis, NM, 88101 priced at $133,400 converts $1,196/mo rent into $413/mo cash flow after a $653/mo obligation. Total monthly income equals $1,196/mo, and annual cash flow totals $4,955/yr on $44,222 invested. Return on cash invested prints 31.11% in year one, and rental yield reads 10.76% against a $133,400 entry. Equity gained on principal adds $861/yr, while 5% annual appreciation compiles into $36,856 by year five. Five-year ROI reaches 162.49% and total cumulative return in cash sums $71,858. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,196/mo property income covering a $653/mo payment, not borrower’s personal income.
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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Listed by: N/A • N/A
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