729 Almond Tree LnClovisNM88101
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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 729 Almond Tree Ln, Clovis, NM, 88101 with 5% annual appreciation on a $260,000 basis while $1,650/mo rent supports operations. Total monthly income totals $1,650/mo and a $1,273/mo payment preserves $124/mo for cash returns. Annual cash flow comes to $1,482/yr on $86,190 deployed, and return on cash invested reaches 21.63% in year one. Equity gained on principal adds $1,678/yr, and five-year appreciation sums $71,833 alongside rental yield of 7.62%. Five-year ROI measures 111.67% and total cumulative return in cash totals $96,245.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,650/mo property income versus a $1,273/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2010
8,228 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: Coletta Ray • Pioneer Realty
Mls Name: New Mexico MLS
Mls ID: #20254507