Real Estate Investment Properties for Sale in Alamogordo, NM

Looking for investment property in Alamogordo, NM with high ROI ?

Explore a variety of short-term homes & houses in Alamogordo, NM. Invest wisely with VRBO & Alamogordo, NM Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Alamogordo, NM

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
304 Bosque Alamogordo, NM MOUNTAIN Views!!! This 4 bedroom 3 full bath home is located near the Desert Lakes Golf Co...	4 beds \| N/A baths \| 2,275 sq.ft.	$325,000	Airbnb cash on cash: 1.55% Traditional cash on cash: 4.75% Airbnb Rental Income: $1520 Traditional Rental Income: $2057 Airbnb ROI: 1.55% Traditional ROI: 4.75%
2412 Tres Lagos Alamogordo, NM This 4 bed, 2 bath home has it all! Large family room with vaulted ceilings, built-in cabi...	4 beds \| N/A baths \| 2,309 sq.ft.	$435,000	Airbnb cash on cash: 0.94% Traditional cash on cash: 2.64% Airbnb Rental Income: $1520 Traditional Rental Income: $1771 Airbnb ROI: 0.94% Traditional ROI: 2.64%
2645 Las Alturas Ct Alamogordo, NM 2645 Las Alturas Ct, Alamogordo, NM 88310 \| Single Family Residential	3 beds \| N/A baths \| 1,350 sq.ft.	$244,000	Airbnb cash on cash: 1.33% Traditional cash on cash: 4.72% Airbnb Rental Income: $1204 Traditional Rental Income: $1596 Airbnb ROI: 1.33% Traditional ROI: 4.72%
517 Tierra Bella Dr Alamogordo, NM This spectacular home with many extras a must for viewing.. Court yard,patios & fabulous l...	4 beds \| N/A baths \| 2,640 sq.ft.	$429,000	Airbnb cash on cash: 0.66% Traditional cash on cash: 2.6% Airbnb Rental Income: $1520 Traditional Rental Income: $1860 Airbnb ROI: 0.66% Traditional ROI: 2.6%
3006 Del Cerro Alamogordo, NM You'll love this open floor plan with huge den/living room/kitchen combo - great space! Th...	3 beds \| N/A baths \| 2,017 sq.ft.	$319,000	Airbnb cash on cash: 0.61% Traditional cash on cash: 4.92% Airbnb Rental Income: $1204 Traditional Rental Income: $2107 Airbnb ROI: 0.61% Traditional ROI: 4.92%
3206 Thunder Rd Alamogordo, NM This Home Had a Full Renovation Just a Few Years ago to Include , Roof, Kitchen, Baths, Fl...	3 beds \| N/A baths \| 1,284 sq.ft.	$235,000	Airbnb cash on cash: 1.74% Traditional cash on cash: 5.61% Airbnb Rental Income: $1204 Traditional Rental Income: $1675 Airbnb ROI: 1.74% Traditional ROI: 5.61%
463 Wildwood Dr Alamogordo, NM Open living concept is the feel you get when you walk into this 4 bedroom 2.25 bath, split...	4 beds \| N/A baths \| 2,101 sq.ft.	$370,000	Airbnb cash on cash: 1.31% Traditional cash on cash: 3.04% Airbnb Rental Income: $1520 Traditional Rental Income: $1677 Airbnb ROI: 1.31% Traditional ROI: 3.04%
2342 Mesa Ln Alamogordo, NM Lots of updates on this wonderful home! New carpet, flooring, tile, refinished cabinets, s...	3 beds \| N/A baths \| 1,332 sq.ft.	$235,000	Airbnb cash on cash: 1.45% Traditional cash on cash: 4.63% Airbnb Rental Income: $1204 Traditional Rental Income: $1520 Airbnb ROI: 1.45% Traditional ROI: 4.63%
21 Gopher Rd Alamogordo, NM PANORAMIC MOUNTAIN VIEWS & DESERT SUNSETS....This brick home is on 5 acres w/3 bedroom & 2...	3 beds \| N/A baths \| 1,925 sq.ft.	$375,000	Airbnb cash on cash: 0.79% Traditional cash on cash: 3.91% Airbnb Rental Income: $1204 Traditional Rental Income: $1914 Airbnb ROI: 0.79% Traditional ROI: 3.91%
2484 Wyatt Way Alamogordo, NM SUPER NICE 4 BEDROOM, 2.25 BATH HOME. HUGE WALK-IN CLOSET IN THE MASTER . CLOSE TO GCRMC,N...	4 beds \| N/A baths \| 1,898 sq.ft.	$329,500	Airbnb cash on cash: 1.38% Traditional cash on cash: 4.62% Airbnb Rental Income: $1520 Traditional Rental Income: $2081 Airbnb ROI: 1.38% Traditional ROI: 4.62%
493 Eagle Dr Alamogordo, NM Gorgeous home on corner lot in desirable golf course neighborhood. Entertaining is made e...	3 beds \| N/A baths \| 2,129 sq.ft.	$319,500	Airbnb cash on cash: 0.94% Traditional cash on cash: 5.48% Airbnb Rental Income: $1204 Traditional Rental Income: $2178 Airbnb ROI: 0.94% Traditional ROI: 5.48%
2531 Hamilton Rd Alamogordo, NM This 3 bedroom, 3 bath home offers bright open living spaces. Great kitchen with plenty of...	2 beds \| N/A baths \| 1,136 sq.ft.	$208,000	Airbnb cash on cash: 1.4% Traditional cash on cash: 6.16% Airbnb Rental Income: $1019 Traditional Rental Income: $1599 Airbnb ROI: 1.4% Traditional ROI: 6.16%
1738 Corte Alegre Alamogordo, NM Desirable area, close to schools and transportation. Home has 3 bedrooms and 2 bath rooms....	3 beds \| N/A baths \| 1,310 sq.ft.	$180,000	Airbnb cash on cash: 2.42% Traditional cash on cash: 6.88% Airbnb Rental Income: $1204 Traditional Rental Income: $1578 Airbnb ROI: 2.42% Traditional ROI: 6.88%
1315 Nineteenth St Alamogordo, NM	2 beds \| N/A baths \| 1,274 sq.ft.	$189,000	Airbnb cash on cash: 1.36% Traditional cash on cash: 6.58% Airbnb Rental Income: $1019 Traditional Rental Income: $1598 Airbnb ROI: 1.36% Traditional ROI: 6.58%
3508 Thunder Rd Alamogordo, NM Indulge yourself in this beautiful 2 story home. Alone the views are spectacular, overlook...	3 beds \| N/A baths \| 2,060 sq.ft.	$397,900	Airbnb cash on cash: 0.14% Traditional cash on cash: 3.17% Airbnb Rental Income: $1204 Traditional Rental Income: $1946 Airbnb ROI: 0.14% Traditional ROI: 3.17%
3525 Thunder RD Alamogordo, NM Assumable loan with 2.25% interest rate; PITI of approximately $1,080 so call for details....	3 beds \| 2 baths \| 1,555 sq.ft.	$294,900	Airbnb cash on cash: 0.8% Traditional cash on cash: 5.12% Airbnb Rental Income: $1204 Traditional Rental Income: $2012 Airbnb ROI: 0.8% Traditional ROI: 5.12%
1818 Corte Del Sol Alamogordo, NM This Beautifully Remodeled Turn Key Home Is Looking For It's New Owner's ! So much has bee...	3 beds \| N/A baths \| 1,342 sq.ft.	$222,500	Airbnb cash on cash: 2.12% Traditional cash on cash: 7.49% Airbnb Rental Income: $1204 Traditional Rental Income: $1947 Airbnb ROI: 2.12% Traditional ROI: 7.49%
1900 Hubbard Dr Alamogordo, NM Endless possibilities in this recently updated home! Ready for its new owner with over 1,7...	3 beds \| N/A baths \| 1,702 sq.ft.	$187,500	Airbnb cash on cash: 2.73% Traditional cash on cash: 7.92% Airbnb Rental Income: $1204 Traditional Rental Income: $1739 Airbnb ROI: 2.73% Traditional ROI: 7.92%
1216 Choctaw Trl Alamogordo, NM Brand New On The Market And It's Going To Go Quickly! This 4 Bedroom 2 Bath Remodeled Turn...	4 beds \| N/A baths \| 1,540 sq.ft.	$249,800	Airbnb cash on cash: 2.66% Traditional cash on cash: 6.23% Airbnb Rental Income: $1520 Traditional Rental Income: $1921 Airbnb ROI: 2.66% Traditional ROI: 6.23%
820 Eighth St Alamogordo, NM What a beautiful light & bright home. Wonderfully remodeled inside & out with newer roof, ...	2 beds \| N/A baths \| 1,082 sq.ft.	$162,500	Airbnb cash on cash: 2.5% Traditional cash on cash: 7.45% Airbnb Rental Income: $1019 Traditional Rental Income: $1427 Airbnb ROI: 2.5% Traditional ROI: 7.45%
1109 Dewey Ln Alamogordo, NM STOP PAYING RENT ! This cute 3 Bedroom 2 Bath Home can be YOURS NOW ! Cozy Floor Plan with...	4 beds \| 2 baths \| 1,140 sq.ft.	$199,500	Airbnb cash on cash: 3.41% Traditional cash on cash: 5.97% Airbnb Rental Income: $1520 Traditional Rental Income: $1564 Airbnb ROI: 3.41% Traditional ROI: 5.97%
3881 Basswood Dr Alamogordo, NM Beautiful 3 bedroom, 2 bathroom, 2 car garage brick home with vaulted ceilings. You will ...	3 beds \| N/A baths \| 1,678 sq.ft.	$290,000	Airbnb cash on cash: 0.85% Traditional cash on cash: 5.28% Airbnb Rental Income: $1204 Traditional Rental Income: $2026 Airbnb ROI: 0.85% Traditional ROI: 5.28%
2493 Desert Hills Dr Alamogordo, NM	5 beds \| N/A baths \| 3,591 sq.ft.	$575,000	Airbnb cash on cash: -0.04% Traditional cash on cash: 2.74% Airbnb Rental Income: $1466 Traditional Rental Income: $2527 Airbnb ROI: -0.04% Traditional ROI: 2.74%
370 Brentwood Dr Alamogordo, NM You're not gonna want to miss this Beautiful 4b 2b Move in ready home! Comes equipped 2000...	4 beds \| N/A baths \| 2,153 sq.ft.	$340,000	Airbnb cash on cash: 1.29% Traditional cash on cash: 4.35% Airbnb Rental Income: $1520 Traditional Rental Income: $2056 Airbnb ROI: 1.29% Traditional ROI: 4.35%
113 Pasa Por Aqui Ln Alamogordo, NM This beautiful home on 5 acres of land is just minutes away from Alamogordo. Donât miss ...	4 beds \| N/A baths \| 2,038 sq.ft.	$446,900	Airbnb cash on cash: 0.56% Traditional cash on cash: 3.33% Airbnb Rental Income: $1520 Traditional Rental Income: $2239 Airbnb ROI: 0.56% Traditional ROI: 3.33%
1317 La Codorniz Dr Alamogordo, NM Another Quality built Berry Home.. When quality counts you know the difference!! Grand ent...	4 beds \| N/A baths \| 2,426 sq.ft.	$429,900	Airbnb cash on cash: 0.65% Traditional cash on cash: 3.92% Airbnb Rental Income: $1520 Traditional Rental Income: $2393 Airbnb ROI: 0.65% Traditional ROI: 3.92%
352 Desert Sun Ct Alamogordo, NM Come and view this gorgeous home at the golf course! Situated on the 8th hole, this home o...	4 beds \| N/A baths \| 4,465 sq.ft.	$638,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 2.39% Airbnb Rental Income: $1520 Traditional Rental Income: $2545 Airbnb ROI: -0.07% Traditional ROI: 2.39%
1011 Catalina Ln Alamogordo, NM Older Duplex. Each apartment is 1 bed, 1 bath, living area and small kitchen.	2 beds \| N/A baths \| 1,250 sq.ft.	$169,999	Airbnb cash on cash: 4.83% Traditional cash on cash: 6.28% Airbnb Rental Income: $1520 Traditional Rental Income: $1312 Airbnb ROI: 4.83% Traditional ROI: 6.28%
2501 Nineteenth St Alamogordo, NM Great floor plan with tons of updates to include refrigerated air, newer roof, newer windo...	3 beds \| N/A baths \| 1,658 sq.ft.	$269,900	Airbnb cash on cash: 1.04% Traditional cash on cash: 5.18% Airbnb Rental Income: $1204 Traditional Rental Income: $1868 Airbnb ROI: 1.04% Traditional ROI: 5.18%
910 San Carlos St Alamogordo, NM Wonderful, spacious open concept 4bdrm home w/solar! Average $8/mo electric bill. Nice n...	4 beds \| N/A baths \| 2,005 sq.ft.	$350,000	Airbnb cash on cash: 1.2% Traditional cash on cash: 4.84% Airbnb Rental Income: $1520 Traditional Rental Income: $2273 Airbnb ROI: 1.2% Traditional ROI: 4.84%
38 Meadowland Rd Alamogordo, NM Beautiful brick house on 2 acres with 4 bedrooms, 2 bathrooms, 2358 sqft. and a split floo...	4 beds \| N/A baths \| 2,358 sq.ft.	$409,500	Airbnb cash on cash: 0.77% Traditional cash on cash: 3.7% Airbnb Rental Income: $1520 Traditional Rental Income: $2203 Airbnb ROI: 0.77% Traditional ROI: 3.7%
935 Datura Dr Alamogordo, NM Gorgeous 4-bedroom home with an open floor plan, and perfect for entertaining. The granit...	4 beds \| N/A baths \| 2,309 sq.ft.	$429,000	Airbnb cash on cash: 0.66% Traditional cash on cash: 4.16% Airbnb Rental Income: $1520 Traditional Rental Income: $2484 Airbnb ROI: 0.66% Traditional ROI: 4.16%
184 La Luz Gate Rd Alamogordo, NM This Property Overflows with Excellence!! Sitting on approx 14.15 acres, 4 bedrooms, 2.5 b...	4 beds \| N/A baths \| 2,486 sq.ft.	$590,000	Airbnb cash on cash: -0.01% Traditional cash on cash: 1.93% Airbnb Rental Income: $1520 Traditional Rental Income: $2144 Airbnb ROI: -0.01% Traditional ROI: 1.93%
1413 Sixteenth St Alamogordo, NM Investors take note: Very large home in established neighborhood waiting on your visions f...	4 beds \| N/A baths \| 2,040 sq.ft.	$229,000	Airbnb cash on cash: 2.75% Traditional cash on cash: 6.79% Airbnb Rental Income: $1520 Traditional Rental Income: $1954 Airbnb ROI: 2.75% Traditional ROI: 6.79%
843 San Miguel St Alamogordo, NM Looking for a spacious home in a wonderful neighborhood? Look no further. This 3-bedroom...	3 beds \| N/A baths \| 2,005 sq.ft.	$315,000	Airbnb cash on cash: 0.95% Traditional cash on cash: 5.14% Airbnb Rental Income: $1204 Traditional Rental Income: $2056 Airbnb ROI: 0.95% Traditional ROI: 5.14%
3002 Thunder Rd Alamogordo, NM Come see this 3-bedroom, 2 bath home, on a large corner lot. You will get the best views o...	3 beds \| N/A baths \| 1,617 sq.ft.	$229,900	Airbnb cash on cash: 1.52% Traditional cash on cash: 6.94% Airbnb Rental Income: $1204 Traditional Rental Income: $1993 Airbnb ROI: 1.52% Traditional ROI: 6.94%
1231 Mimosa Ave Alamogordo, NM New 4 bedroom, 2 bath 2020 square foot home. Today's living style home provides a functio...	4 beds \| N/A baths \| 2,050 sq.ft.	$399,500	Airbnb cash on cash: 0.82% Traditional cash on cash: 3.72% Airbnb Rental Income: $1520 Traditional Rental Income: $2162 Airbnb ROI: 0.82% Traditional ROI: 3.72%
1435 Rockwood Alamogordo, NM Beautiful Custom home built in 1970. This one was made for large families and great enter...	4 beds \| N/A baths \| 3,622 sq.ft.	$300,000	Airbnb cash on cash: 1.69% Traditional cash on cash: 4.41% Airbnb Rental Income: $1520 Traditional Rental Income: $1845 Airbnb ROI: 1.69% Traditional ROI: 4.41%
1800 Miracerros Ln Alamogordo, NM Attention Investors! 3 bedroom 1.75 bath home on a corner lot. Home is in need of repairs ...	4 beds \| N/A baths \| 1,789 sq.ft.	$229,900	Airbnb cash on cash: 2.74% Traditional cash on cash: 6.08% Airbnb Rental Income: $1520 Traditional Rental Income: $1806 Airbnb ROI: 2.74% Traditional ROI: 6.08%
602 Ridgecrest Dr Alamogordo, NM 3 Bedroom 1 Bath Home Looking for a new Owner at An Incredible low Price of ONLY $109,500 ...	3 beds \| N/A baths \| 1,361 sq.ft.	$189,900	Airbnb cash on cash: 2.2% Traditional cash on cash: 4.09% Airbnb Rental Income: $1204 Traditional Rental Income: $1156 Airbnb ROI: 2.2% Traditional ROI: 4.09%

Real Estate investment in Alamogordo, NM

There are 424 properties for sale in the city of Alamogordo . The median list price in Alamogordo is $234,859 and the average price per square foot is $125. In October 2026, the average monthly cash on cash return in Alamogordo is 5.00%. The average monthly rental income in Alamogordo is $1,628.

Alamogordo, NM Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 424 investment properties available for sale in Alamogordo.

In 2026, the best neighborhood to buy investment property is Alamogordo.

The ROI for Long-Term is higher than the Short-Term in Alamogordo with average rental income of $1,628.

Your search for investment property begins and ends here

Investment Property for Sale in Alamogordo, NM

304 Bosque

Alamogordo, NM

4 beds | N/A baths | 2,275 sq.ft.

$325,000

Airbnb cash on cash: 1.55%

Traditional cash on cash: 4.75%

Airbnb Rental Income: $1520

Traditional Rental Income: $2057

Airbnb ROI: 1.55%

Traditional ROI: 4.75%

2412 Tres Lagos

Alamogordo, NM

4 beds | N/A baths | 2,309 sq.ft.

$435,000

Airbnb cash on cash: 0.94%

Traditional cash on cash: 2.64%

Airbnb Rental Income: $1520

Traditional Rental Income: $1771

Airbnb ROI: 0.94%

Traditional ROI: 2.64%

2645 Las Alturas Ct

Alamogordo, NM

3 beds | N/A baths | 1,350 sq.ft.

$244,000

Airbnb cash on cash: 1.33%

Traditional cash on cash: 4.72%

Airbnb Rental Income: $1204

Traditional Rental Income: $1596

Airbnb ROI: 1.33%

Traditional ROI: 4.72%

517 Tierra Bella Dr

Alamogordo, NM

4 beds | N/A baths | 2,640 sq.ft.

$429,000

Airbnb cash on cash: 0.66%

Traditional cash on cash: 2.6%

Airbnb Rental Income: $1520

Traditional Rental Income: $1860

Airbnb ROI: 0.66%

Traditional ROI: 2.6%

3006 Del Cerro

Alamogordo, NM

3 beds | N/A baths | 2,017 sq.ft.

$319,000

Airbnb cash on cash: 0.61%

Traditional cash on cash: 4.92%

Airbnb Rental Income: $1204

Traditional Rental Income: $2107

Airbnb ROI: 0.61%

Traditional ROI: 4.92%

3206 Thunder Rd

Alamogordo, NM

3 beds | N/A baths | 1,284 sq.ft.

$235,000

Airbnb cash on cash: 1.74%

Traditional cash on cash: 5.61%

Airbnb Rental Income: $1204

Traditional Rental Income: $1675

Airbnb ROI: 1.74%

Traditional ROI: 5.61%

463 Wildwood Dr

Alamogordo, NM

4 beds | N/A baths | 2,101 sq.ft.

$370,000

Airbnb cash on cash: 1.31%

Traditional cash on cash: 3.04%

Airbnb Rental Income: $1520

Traditional Rental Income: $1677

Airbnb ROI: 1.31%

Traditional ROI: 3.04%

2342 Mesa Ln

Alamogordo, NM

3 beds | N/A baths | 1,332 sq.ft.

$235,000

Airbnb cash on cash: 1.45%

Traditional cash on cash: 4.63%

Airbnb Rental Income: $1204

Traditional Rental Income: $1520

Airbnb ROI: 1.45%