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1901 W Colonial Dr, Lovington, NM 88260 — $65,000 · 3bd · ~2.8% rule | OnePercent

1901 W Colonial Dr, Lovington, NM 88260

$65,000

Home·Lovington 88260·1901 W Colonial Dr, Lovington, NM 88260

Last confirmed 4 days ago

1901 W Colonial Dr, Lovington, NM 88260

3 bd · 2 ba · 980 sqft · built 1973 · Lovington · MOBILE·source listing ↗

$65,000

rent, three ways

OnePercent model (vv1)$1,837/mo

p10–p90 confidence band

HUD Fair Market Rent · 88260 · 3BR$1,550/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Lea

Flood risk indexVery High FEMA NRI

Median household income$75,476

Median area rent$1,024/mo

Median home value$175,400

the verdict

2.83%vs 1.2% target

financing: 20% down · — (FRED, live) · 30yr

$65,000

2.83% · rent $1,837

Intrinsic value · income approach

$173,281

62% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.