Clovis, NM Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Clovis, NM. Based on 10+ datapoints.
Clovis, NM Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
5.2%
Avg Cash on Cash
-9.9%
Median Cashflow
-$354/mo
Avg Rent Estimate
$1,604/mo
Avg Price
$272,073
Price Range
$100K – $550K
approximate
Rent to Price
0.59%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Clovis, NM
Clovis, NM is an emerging long-term rental market gaining investor attention. With 10+ properties analyzed, early data shows the market is developing. The median cap rate of 5.2% suggests room for early-mover advantage as more rental inventory becomes available.
Based on 10+ analyzed properties, the median monthly cashflow in Clovis, NM is -$354 with average rents of $1,604/month. Properties are priced about $100,000 to $550,000, offering entry points across multiple investment budgets.
Clovis, NM Rental Market Insights
- Median cashflow is -$354/month — careful deal selection is essential here
- 5.2% median cap rate reflects a balanced risk-return profile
- At 0% positive cashflow rate, Clovis, NM requires selective property picks
- Mid-to-upper tier market with properties priced about $100,000 to $550,000
- Early-stage market data — revisit as more properties are analyzed for stronger signals