3804 Springwood 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 3804 Springwood Dr, Clovis, NM, 88101 with 5% annual appreciation on a $354,552 basis while $2,732/mo rent supports operations. Total monthly income totals $2,732/mo and a $1,735/mo payment preserves $603/mo for cash returns. Annual cash flow comes to $7,231/yr on $117,534 deployed, and return on cash invested reaches 26.06% in year one. Equity gained on principal adds $2,288/yr, and five-year appreciation sums $97,956 alongside rental yield of 9.25%. Five-year ROI measures 135.61% and total cumulative return in cash totals $159,387.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,732/mo property income versus a $1,735/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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
Mls Name: Zillow Rentals
Mls ID: #N/A