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.	$360,000	Airbnb cash on cash: 1.09% Traditional cash on cash: 4.2% Airbnb Rental Income: $1435 Traditional Rental Income: $2057 Airbnb ROI: 1.09% Traditional ROI: 4.2%
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: 0.04% Traditional cash on cash: 4.72% Airbnb Rental Income: $847 Traditional Rental Income: $1596 Airbnb ROI: 0.04% 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.	$435,000	Airbnb cash on cash: 0.45% Traditional cash on cash: 2.54% Airbnb Rental Income: $1435 Traditional Rental Income: $1860 Airbnb ROI: 0.45% Traditional ROI: 2.54%
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: 0.11% Traditional cash on cash: 4.63% Airbnb Rental Income: $847 Traditional Rental Income: $1520 Airbnb ROI: 0.11% 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: -0.06% Traditional cash on cash: 3.91% Airbnb Rental Income: $847 Traditional Rental Income: $1914 Airbnb ROI: -0.06% 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: 1.16% Traditional cash on cash: 4.62% Airbnb Rental Income: $1435 Traditional Rental Income: $2081 Airbnb ROI: 1.16% 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: -0.05% Traditional cash on cash: 5.48% Airbnb Rental Income: $847 Traditional Rental Income: $2178 Airbnb ROI: -0.05% Traditional ROI: 5.48%
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: -0.66% Traditional cash on cash: 3.17% Airbnb Rental Income: $847 Traditional Rental Income: $1946 Airbnb ROI: -0.66% 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: -0.27% Traditional cash on cash: 5.12% Airbnb Rental Income: $847 Traditional Rental Income: $2012 Airbnb ROI: -0.27% Traditional ROI: 5.12%
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: 1.06% Traditional cash on cash: 7.92% Airbnb Rental Income: $847 Traditional Rental Income: $1739 Airbnb ROI: 1.06% 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: 2.36% Traditional cash on cash: 6.23% Airbnb Rental Income: $1435 Traditional Rental Income: $1921 Airbnb ROI: 2.36% Traditional ROI: 6.23%
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.	$204,000	Airbnb cash on cash: 2.93% Traditional cash on cash: 5.81% Airbnb Rental Income: $1435 Traditional Rental Income: $1564 Airbnb ROI: 2.93% Traditional ROI: 5.81%
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: 1.07% Traditional cash on cash: 4.35% Airbnb Rental Income: $1435 Traditional Rental Income: $2056 Airbnb ROI: 1.07% 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.	$450,000	Airbnb cash on cash: 0.37% Traditional cash on cash: 3.3% Airbnb Rental Income: $1435 Traditional Rental Income: $2239 Airbnb ROI: 0.37% Traditional ROI: 3.3%
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: 0.47% Traditional cash on cash: 3.92% Airbnb Rental Income: $1435 Traditional Rental Income: $2393 Airbnb ROI: 0.47% Traditional ROI: 3.92%
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 \| 2,694 sq.ft.	$405,000	Airbnb cash on cash: 0.61% Traditional cash on cash: 3.76% Airbnb Rental Income: $1435 Traditional Rental Income: $2203 Airbnb ROI: 0.61% Traditional ROI: 3.76%
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.	$238,000	Airbnb cash on cash: 2.27% Traditional cash on cash: 6.48% Airbnb Rental Income: $1435 Traditional Rental Income: $1954 Airbnb ROI: 2.27% Traditional ROI: 6.48%
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: 1.44% Traditional cash on cash: 4.41% Airbnb Rental Income: $1435 Traditional Rental Income: $1845 Airbnb ROI: 1.44% 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: 2.41% Traditional cash on cash: 6.08% Airbnb Rental Income: $1435 Traditional Rental Income: $1806 Airbnb ROI: 2.41% 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: 0.55% Traditional cash on cash: 4.09% Airbnb Rental Income: $847 Traditional Rental Income: $1156 Airbnb ROI: 0.55% Traditional ROI: 4.09%
2402 Tulane Ave Alamogordo, NM Experience the perfect blend of modern comfort and mountain serenity! Tucked away on a qui...	4 beds \| N/A baths \| 1,521 sq.ft.	$185,000	Airbnb cash on cash: 3.95% Traditional cash on cash: 9.64% Airbnb Rental Income: $1435 Traditional Rental Income: $2008 Airbnb ROI: 3.95% Traditional ROI: 9.64%
327 Cielo Grande Alamogordo, NM Welcome to this beautifully designed Southwest-style home offering 2099 sqft pf comfortabl...	4 beds \| 2 baths \| 2,099 sq.ft.	$315,000	Airbnb cash on cash: 1.29% Traditional cash on cash: 6.31% Airbnb Rental Income: $1435 Traditional Rental Income: $2495 Airbnb ROI: 1.29% Traditional ROI: 6.31%
404 Sunbeam Ave Alamogordo, NM Charming 3-bedroom, 2-bath home offering approximately 2,000 sq ft of comfortable living s...	3 beds \| N/A baths \| 2,000 sq.ft.	$310,000	Airbnb cash on cash: 0.05% Traditional cash on cash: 6.98% Airbnb Rental Income: $847 Traditional Rental Income: $2536 Airbnb ROI: 0.05% Traditional ROI: 6.98%
62 Mesa Verde Ranch RD Alamogordo, NM This 20 acre plat of land is not in the city limits so with no restrictions it has lots of...	3 beds \| 2 baths \| 1,900 sq.ft.	$800,000	Airbnb cash on cash: -1.23% Traditional cash on cash: 1.18% Airbnb Rental Income: $847 Traditional Rental Income: $2313 Airbnb ROI: -1.23% Traditional ROI: 1.18%
909 Cedar Ave Alamogordo, NM Beautiful home over 1800 sq ft on a corner lot! Featuring 2 spacious bedrooms, 2 bathrooms...	2 beds \| 2 baths \| 1,810 sq.ft.	$235,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 8.13% Airbnb Rental Income: $921 Traditional Rental Income: $2194 Airbnb ROI: 0.86% Traditional ROI: 8.13%
131 Southland Rd Alamogordo, NM This majestic home will not be like any of the other cookie cutter homes - it is well wort...	5 beds \| N/A baths \| 3,313 sq.ft.	$424,900	Airbnb cash on cash: 2.29% Traditional cash on cash: 9.56% Airbnb Rental Income: $2161 Traditional Rental Income: $4506 Airbnb ROI: 2.29% Traditional ROI: 9.56%
2073 Calle De Vistas Alamogordo, NM Beautiful 4 bedroom, 3 bath, 3 car garage home, over 2,800 appraised sq ft. Maple cabinets...	4 beds \| 3 baths \| 2,824 sq.ft.	$459,900	Airbnb cash on cash: 0.33% Traditional cash on cash: 5.57% Airbnb Rental Income: $1435 Traditional Rental Income: $3262 Airbnb ROI: 0.33% Traditional ROI: 5.57%
600 Sunnyside Ave Alamogordo, NM 600 Sunnyside Ave, Alamogordo, NM 88310 \| Single Family Residential	4 beds \| N/A baths \| 1,794 sq.ft.	$288,900	Airbnb cash on cash: 1.56% Traditional cash on cash: 4.31% Airbnb Rental Income: $1435 Traditional Rental Income: $1754 Airbnb ROI: 1.56% Traditional ROI: 4.31%
809 Shiprock Alamogordo, NM 809 Shiprock, Alamogordo, NM 88310 \| Single Family Residential	4 beds \| N/A baths \| 2,424 sq.ft.	$469,900	Airbnb cash on cash: 0.28% Traditional cash on cash: 2.68% Airbnb Rental Income: $1435 Traditional Rental Income: $2062 Airbnb ROI: 0.28% Traditional ROI: 2.68%
2406 Westminster Ave Alamogordo, NM 2406 Westminster Ave, Alamogordo, NM 88310 \| Single Family Residential	3 beds \| N/A baths \| 1,294 sq.ft.	$139,900	Airbnb cash on cash: 1.37% Traditional cash on cash: 9.09% Airbnb Rental Income: $847 Traditional Rental Income: $1553 Airbnb ROI: 1.37% Traditional ROI: 9.09%
1114 Pajarito Dr Alamogordo, NM 1114 Pajarito Dr, Alamogordo, NM 88310 \| Single Family Residential	3 beds \| N/A baths \| 1,754 sq.ft.	$349,900	Airbnb cash on cash: -0.5% Traditional cash on cash: 3.68% Airbnb Rental Income: $847 Traditional Rental Income: $1893 Airbnb ROI: -0.5% Traditional ROI: 3.68%
500 Cuba Ave Alamogordo, NM 500 Cuba Ave, Alamogordo, NM 88310 \| Single Family Residential	3 beds \| N/A baths \| 1,464 sq.ft.	$125,000	Airbnb cash on cash: 1.73% Traditional cash on cash: 11.44% Airbnb Rental Income: $847 Traditional Rental Income: $1685 Airbnb ROI: 1.73% Traditional ROI: 11.44%
2100 Ocotillo Dr Alamogordo, NM 2100 Ocotillo Dr, Alamogordo, NM 88310 \| Single Family Residential	4 beds \| N/A baths \| 2,180 sq.ft.	$370,000	Airbnb cash on cash: 0.84% Traditional cash on cash: 3.69% Airbnb Rental Income: $1435 Traditional Rental Income: $1997 Airbnb ROI: 0.84% Traditional ROI: 3.69%
2097 Cielo Bonito Alamogordo, NM 2097 Cielo Bonito, Alamogordo, NM 88310 \| Single Family Residential	6 beds \| N/A baths \| 4,325 sq.ft.	$730,000	Airbnb cash on cash: 0.44% Traditional cash on cash: 0.89% Airbnb Rental Income: $2161 Traditional Rental Income: $1920 Airbnb ROI: 0.44% Traditional ROI: 0.89%
1851 Las Piedras Alamogordo, NM 1851 Las Piedras, Alamogordo, NM 88310 \| Single Family Residential	4 beds \| N/A baths \| 2,412 sq.ft.	$465,455	Airbnb cash on cash: 0.3% Traditional cash on cash: 2.64% Airbnb Rental Income: $1435 Traditional Rental Income: $2026 Airbnb ROI: 0.3% Traditional ROI: 2.64%
6 Terall Trl Alamogordo, NM If you are looking for a country home this could be it. You'll pull onto this 1 acre prope...	3 beds \| 2 baths \| 1,152 sq.ft.	$124,900	Airbnb cash on cash: 1.73% Traditional cash on cash: 9.08% Airbnb Rental Income: $847 Traditional Rental Income: $1400 Airbnb ROI: 1.73% Traditional ROI: 9.08%
802 1/2 Larkspur St Alamogordo, NM 802 1/2 Larkspur St, Alamogordo, NM 88310 \| Single Family Residential	3 beds \| N/A baths \| 1,348 sq.ft.	$189,500	Airbnb cash on cash: 0.56% Traditional cash on cash: 6.13% Airbnb Rental Income: $847 Traditional Rental Income: $1520 Airbnb ROI: 0.56% Traditional ROI: 6.13%
1150 San Carlos St Alamogordo, NM 1150 San Carlos St, Alamogordo, NM 88310 \| Single Family Residential	4 beds \| N/A baths \| 2,261 sq.ft.	$394,000	Airbnb cash on cash: 0.68% Traditional cash on cash: 3.38% Airbnb Rental Income: $1435 Traditional Rental Income: $2006 Airbnb ROI: 0.68% Traditional ROI: 3.38%
501 E Sixteenth St Alamogordo, NM 501 Sixteenth St, Alamogordo, NM 88310 \| Single Family Residential	3 beds \| N/A baths \| 1,446 sq.ft.	$154,000	Airbnb cash on cash: 1.08% Traditional cash on cash: 7.14% Airbnb Rental Income: $847 Traditional Rental Income: $1408 Airbnb ROI: 1.08% Traditional ROI: 7.14%
477 Camino Real Real Alamogordo, NM 477 Camino Real Real, Alamogordo, NM 88310 \| Single Family Residential	3 beds \| N/A baths \| 2,183 sq.ft.	$356,500	Airbnb cash on cash: -0.53% Traditional cash on cash: 4.29% Airbnb Rental Income: $847 Traditional Rental Income: $2130 Airbnb ROI: -0.53% Traditional ROI: 4.29%

Real Estate investment in Alamogordo, NM

There are 292 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 $121. In July 2026, the average monthly cash on cash return in Alamogordo is 5.00%. The average monthly rental income in Alamogordo is $1,585.

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

There are 292 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 $1,585.

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.

$360,000

Airbnb cash on cash: 1.09%

Traditional cash on cash: 4.2%

Airbnb Rental Income: $1435

Traditional Rental Income: $2057

Airbnb ROI: 1.09%

Traditional ROI: 4.2%

2645 Las Alturas Ct

Alamogordo, NM

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

$244,000

Airbnb cash on cash: 0.04%

Traditional cash on cash: 4.72%

Airbnb Rental Income: $847

Traditional Rental Income: $1596

Airbnb ROI: 0.04%

Traditional ROI: 4.72%

517 Tierra Bella Dr

Alamogordo, NM

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

$435,000

Airbnb cash on cash: 0.45%

Traditional cash on cash: 2.54%

Airbnb Rental Income: $1435

Traditional Rental Income: $1860

Airbnb ROI: 0.45%

Traditional ROI: 2.54%

2342 Mesa Ln

Alamogordo, NM

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

$235,000

Airbnb cash on cash: 0.11%

Traditional cash on cash: 4.63%

Airbnb Rental Income: $847

Traditional Rental Income: $1520

Airbnb ROI: 0.11%

Traditional ROI: 4.63%

21 Gopher Rd

Alamogordo, NM

3 beds | N/A baths | 1,925 sq.ft.

$375,000

Airbnb cash on cash: -0.06%

Traditional cash on cash: 3.91%

Airbnb Rental Income: $847

Traditional Rental Income: $1914

Airbnb ROI: -0.06%

Traditional ROI: 3.91%

2484 Wyatt Way

Alamogordo, NM

4 beds | N/A baths | 1,898 sq.ft.

$329,500

Airbnb cash on cash: 1.16%

Traditional cash on cash: 4.62%

Airbnb Rental Income: $1435

Traditional Rental Income: $2081

Airbnb ROI: 1.16%

Traditional ROI: 4.62%

493 Eagle Dr

Alamogordo, NM

3 beds | N/A baths | 2,129 sq.ft.

$319,500

Airbnb cash on cash: -0.05%

Traditional cash on cash: 5.48%

Airbnb Rental Income: $847

Traditional Rental Income: $2178

Airbnb ROI: -0.05%

Traditional ROI: 5.48%

3508 Thunder Rd

Alamogordo, NM

3 beds | N/A baths | 2,060 sq.ft.

$397,900

Airbnb cash on cash: -0.66%

Traditional cash on cash: 3.17%

Airbnb Rental Income: $847

Traditional Rental Income: $1946

Airbnb ROI: -0.66%