3901 Springwood 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 3901 Springwood Dr, Clovis, NM, 88101 at $495,400 posts ROI 22.75% with $389/mo cash flow from $3,406/mo rent. Total monthly income equals $3,406/mo, and annual cash flow records $4,663/yr on $164,225 to close. Return on cash invested measures 22.75% and rental yield reads 8.25% at the current $495,400. Equity gained on principal adds $3,197/yr, and 5% annual appreciation supports $136,870 by year five. Five-year ROI prints 117.94% and total cumulative return in cash totals $193,684.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,406/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Home Type Unknown
Built in 2006
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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