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 15+ datapoints.
Clovis, NM Long-Term Rental Investment Snapshot
Based on 15+ long-term rental datapoints
Median Cap Rate
5%
Avg Cash on Cash
-6%
Median Cashflow
-$274/mo
Avg Rent Estimate
$1,603/mo
Avg Price
$228,950
Price Range
$114,900 - $416,500
Rent to Price
0.7%
low ratio
Positive Cashflow
19%
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 15+ properties analyzed, early data shows the market is developing. The median cap rate of 5% suggests room for early-mover advantage as more rental inventory becomes available.
Based on 15+ analyzed properties, the median monthly cashflow in Clovis, NM is -$274 with average rents of $1,603/month. Properties range from $114,900 to $416,500, offering entry points across multiple investment budgets.
Clovis, NM Rental Market Insights
- •Median cashflow is -$274/month — careful deal selection is essential here
- •5% median cap rate reflects a balanced risk-return profile
- •At 19% positive cashflow rate, Clovis, NM requires selective property picks
- •Moderately priced market with properties from $114,900 to $416,500
- •Early-stage market data — revisit as more properties are analyzed for stronger signals