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
-8.5%
Median Cashflow
-$241/mo
Avg Rent Estimate
$1,679/mo
Avg Price
$280,531
Price Range
$119,400 - $535,000
Rent to Price
0.6%
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 -$241 with average rents of $1,679/month. Properties range from $119,400 to $535,000, offering entry points across multiple investment budgets.
Clovis, NM Rental Market Insights
- •Median cashflow is -$241/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 from $119,400 to $535,000
- •Early-stage market data — revisit as more properties are analyzed for stronger signals