Las Cruces Investment Analysis

Investment Property in Las Cruces, NM

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Las Cruces, NM Real Estate Investment Performance

PROPERTY SALE PRICE

$312,594

Median

2,166

Avg/Sq.ft.
CASH ON CASH RETURN

4.00%

Traditional

N/A

Airbnb
NUMBER OF PROPERTIES

877

Investment

213

Airbnb

26

Traditional

24%

Airbnb occupancy rate

Redfin Housing market insights powered by Redfin

329

Number of homes sold

64

Median days on market

97%

Average sale-to-list price ratio

31%

Percentage of listings with price drops

877

Active listings count

480

New listings count

4.2

Months of supply

Las Cruces, NM Properties Rental Prices

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Investment Properties for Sale in Las Cruces, NM

Investment Properties for Sale
$95,000
MLS 2600454
Alameda Depot
Single Family Residential
3 beds 1 baths 1,006 sq.ft.
CAP RATE Trad. 10.41% Airbnb 6.26%
Investment Properties for Sale
$159,000
MLS 2500807
Alameda Depot
Manufactured Home
3 beds 2 baths 1,344 sq.ft.
CAP RATE Trad. 8.24% Airbnb 3.62%
Investment Properties for Sale
$79,000
MLS 946114
Las Esperanzas
Single Family Residential
2 beds 1 baths 970 sq.ft.
CAP RATE Trad. 8.11% Airbnb 3.39%
Investment Properties for Sale
$160,000
MLS 2601407
Alameda Depot
Townhouse
3 beds 2 baths 863 sq.ft.
CAP RATE Trad. 6.44% Airbnb 3.15%
Investment Properties for Sale
$150,000
MLS 2600807
Las Esperanzas
Single Family Residential
3 beds 3 baths 1,539 sq.ft.
CAP RATE Trad. 7.73% Airbnb 3.04%
Investment Properties for Sale
$169,600
MLS 2601374
Alameda Depot
Single Family Residential
3 beds 2 baths 2,605 sq.ft.
CAP RATE Trad. 11.42% Airbnb 2.91%
Investment Properties for Sale
$185,000
MLS 2601488
Las Esperanzas
Townhouse
3 beds 2 baths 1,521 sq.ft.
CAP RATE Trad. 7.91% Airbnb 2.54%
Investment Properties for Sale
$175,000
MLS 2601704
Las Esperanzas
Single Family Residential
3 beds 2 baths 1,778 sq.ft.
CAP RATE Trad. 9.12% Airbnb 2.49%

Single Family Houses for Sale in Las Cruces, NM

Investment Properties for Sale
$95,000
MLS 2600454
Alameda Depot
Single Family Residential
3 beds 1 baths 1,006 sq.ft.
CAP RATE Trad. 10.41% Airbnb 6.26%
Investment Properties for Sale
$79,000
MLS 946114
Las Esperanzas
Single Family Residential
2 beds 1 baths 970 sq.ft.
CAP RATE Trad. 8.11% Airbnb 3.39%
Investment Properties for Sale
$150,000
MLS 2600807
Las Esperanzas
Single Family Residential
3 beds 3 baths 1,539 sq.ft.
CAP RATE Trad. 7.73% Airbnb 3.04%
Investment Properties for Sale
$169,600
MLS 2601374
Alameda Depot
Single Family Residential
3 beds 2 baths 2,605 sq.ft.
CAP RATE Trad. 11.42% Airbnb 2.91%
Investment Properties for Sale
$175,000
MLS 2601704
Las Esperanzas
Single Family Residential
3 beds 2 baths 1,778 sq.ft.
CAP RATE Trad. 9.12% Airbnb 2.49%
Investment Properties for Sale
$118,000
MLS 2601978
Alameda Depot
Single Family Residential
2 beds 1 baths 1,027 sq.ft.
CAP RATE Trad. 8.29% Airbnb 2.38%
Investment Properties for Sale
$209,000
MLS 2601429
Las Esperanzas
Single Family Residential
3 beds 1 baths 945 sq.ft.
CAP RATE Trad. 4.16% Airbnb 2.14%
Investment Properties for Sale
$185,000
MLS 2601849
Las Esperanzas
Single Family Residential
3 beds 2 baths 1,998 sq.ft.
CAP RATE Trad. 9.47% Airbnb 2.13%

Condos for Sale in Las Cruces, NM

Investment Properties for Sale
$125,000
MLS 2601571
Las Esperanzas
Condo/Coop
2 beds 2 baths 1,110 sq.ft.
CAP RATE Trad. 8.49% Airbnb 1.49%
Investment Properties for Sale
$269,000
MLS 2503364
Las Esperanzas
Condo/Coop
3 beds 2 baths 1,728 sq.ft.
CAP RATE Trad. 5.99% Airbnb 1.09%
Investment Properties for Sale
$218,000
MLS 2601573
Las Esperanzas
Condo/Coop
2 beds 2 baths 1,088 sq.ft.
CAP RATE Trad. 5.97% Airbnb 0.87%
Investment Properties for Sale
$320,000
MLS 2601427
Las Esperanzas
Condo/Coop
3 beds 3 baths 2,146 sq.ft.
CAP RATE Trad. 5.57% Airbnb 0.68%
Investment Properties for Sale
$335,000
MLS 2601735
Las Esperanzas
Condo/Coop
3 beds 2 baths 1,892 sq.ft.
CAP RATE Trad. 3.93% Airbnb 0.50%
Investment Properties for Sale
$239,000
MLS 2601144
Las Esperanzas
Condo/Coop
2 beds 2 baths 1,225 sq.ft.
CAP RATE Trad. 4.34% Airbnb -0.10
Investment Properties for Sale
$279,000
MLS 2601684
Las Esperanzas
Condo/Coop
2 beds 3 baths 1,587 sq.ft.
CAP RATE Trad. 5.25% Airbnb -0.51
Investment Properties for Sale
$189,000
MLS 2503512
Las Esperanzas
Condo/Coop
2 beds 2 baths 1,086 sq.ft.
CAP RATE Trad. 5.26% Airbnb -1.06

Townhouses for Sale in Las Cruces, NM

Investment Properties for Sale
$160,000
MLS 2601407
Alameda Depot
Townhouse
3 beds 2 baths 863 sq.ft.
CAP RATE Trad. 6.44% Airbnb 3.15%
Investment Properties for Sale
$185,000
MLS 2601488
Las Esperanzas
Townhouse
3 beds 2 baths 1,521 sq.ft.
CAP RATE Trad. 7.91% Airbnb 2.54%
Investment Properties for Sale
$170,000
MLS 2601357
Las Esperanzas
Townhouse
3 beds 2 baths 1,164 sq.ft.
CAP RATE Trad. 6.69% Airbnb 2.26%
Investment Properties for Sale
$227,500
MLS 2601872
Las Esperanzas
Townhouse
3 beds 2 baths 1,394 sq.ft.
CAP RATE Trad. 5.24% Airbnb 1.39%
Investment Properties for Sale
$249,000
MLS 2601549
Las Esperanzas
Townhouse
3 beds 2 baths 1,861 sq.ft.
CAP RATE Trad. 6.08% Airbnb 1.30%
Investment Properties for Sale
$244,000
MLS 2601615
Dona Ana
Townhouse
3 beds 2 baths 1,223 sq.ft.
CAP RATE Trad. 4.47% Airbnb 1.29%
Investment Properties for Sale
$165,000
MLS 2601416
Las Esperanzas
Townhouse
2 beds 2 baths 986 sq.ft.
CAP RATE Trad. 5.87% Airbnb 0.61%
Investment Properties for Sale
$235,000
MLS 2601522
Alameda Depot
Townhouse
2 beds 2 baths 891 sq.ft.
CAP RATE Trad. 3.35% Airbnb 0.48%

Top Las Cruces, NM Neighborhoods - Real Estate Market Analysis

Las Esperanzas
PROPERTY PRICE

$339,450

Median for city
CAP RATE

5.04%

Traditional

3.96%

Airbnb
RENTAL INCOME

$ 1,431

Traditional

$ 1,804

Airbnb

58%

Airbnb occupancy rate
Alameda Depot
PROPERTY PRICE

$339,450

Median for city
CAP RATE

2.89%

Traditional

3.00%

Airbnb
RENTAL INCOME

$ 1,007

Traditional

$ 1,594

Airbnb

57%

Airbnb occupancy rate
Dona Ana
PROPERTY PRICE

$339,450

Median for city
CAP RATE

4.25%

Traditional

N/A

Airbnb
RENTAL INCOME

$ 1,241

Traditional

$ 694

Airbnb

44%

Airbnb occupancy rate
Radium Springs
PROPERTY PRICE

$339,450

Median for city
CAP RATE

1.39%

Traditional

2.33%

Airbnb
RENTAL INCOME

$ 990

Traditional

$ 1,461

Airbnb

42%

Airbnb occupancy rate

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Short Term Rentals For Sale

Airbnb Vacation Rentals in Las Cruces, NM

Cul-de-sac Condo
$112 per night Airbnb occupancy rate 44%
Entire townhouse 2 · 2 · 4
Rental Income: $1,503 per month
4.94
508
Sunset Escape
$170 per night Airbnb occupancy rate 32%
House 4 · 2 · 9
Rental Income: $1,672 per month
4.88
379
Clara's Nest - The Gem of Hacienda de las Cruces
$156 per night Airbnb occupancy rate 35%
Entire guesthouse 1 · 1 · 3
Rental Income: $1,651 per month
4.97
359
Casita Arriba Historic District
$62 per night Airbnb occupancy rate 4%
Guest suite 1 · 1 · 2
Rental Income: $67 per month
4.85
355
Casa Miranda, The Organ Mountains Looking House
$93 per night Airbnb occupancy rate 39%
House 2 · 2 · 4
Rental Income: $1,093 per month
4.87
344
Casita Alegre (happy little house)
$107 per night Airbnb occupancy rate 17%
Entire townhouse 2 · 2 · 4
Rental Income: $553 per month
4.93
324
Casita on the Camino Real.
$54 per night Airbnb occupancy rate 56%
Apartment 1 · 1 · 2
Rental Income: $918 per month
4.97
324
Artistic Escape
$79 per night Airbnb occupancy rate 24%
Apartment null · 1 · 3
Rental Income: $586 per month
4.84
322

Real Estate Investment Analysis - Other Cities in new mexico

City Name Property price Cash on cash return Rental Income No. of Properties Airbnb Occupancy Rate
Median traditional Airbnb traditional Airbnb
Santa Fe $699,000 1% 1% $1,947 $1,987 640 25%
Clovis $215,000 8% 2% $2,116 $1,005 162 26%
Farmington $329,000 5% 2% $2,095 $1,445 123 28%
View all new mexico cities
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