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
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: 0.16% Traditional cash on cash: 5.12% Airbnb Rental Income: $990 Traditional Rental Income: $2012 Airbnb ROI: 0.16% Traditional ROI: 5.12%
1311 Desert Dawn Drive Alamogordo, NM Charming 3-Bedroom, 2-Bath Home with Modern Updates and Spacious BackyardThis beautifully ...	3 beds \| 2 baths \| 1,264 sq.ft.	$199,000	Airbnb cash on cash: 1.08% Traditional cash on cash: 7.14% Airbnb Rental Income: $990 Traditional Rental Income: $1781 Airbnb ROI: 1.08% Traditional ROI: 7.14%
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.	$335,000	Airbnb cash on cash: 1.6% Traditional cash on cash: 5.84% Airbnb Rental Income: $1619 Traditional Rental Income: $2495 Airbnb ROI: 1.6% Traditional ROI: 5.84%
2323 Apache Ln Alamogordo, NM Two story large home on a corner lot with 3 car oversized garage. Home has 4 bedrooms and ...	4 beds \| N/A baths \| 2,707 sq.ft.	$254,900	Airbnb cash on cash: 2.7% Traditional cash on cash: 10.71% Airbnb Rental Income: $1619 Traditional Rental Income: $3088 Airbnb ROI: 2.7% Traditional ROI: 10.71%
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 \| N/A baths \| 1,900 sq.ft.	$800,000	Airbnb cash on cash: -1.07% Traditional cash on cash: 1.18% Airbnb Rental Income: $990 Traditional Rental Income: $2313 Airbnb ROI: -1.07% 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: 0.93% Traditional cash on cash: 8.13% Airbnb Rental Income: $940 Traditional Rental Income: $2194 Airbnb ROI: 0.93% Traditional ROI: 8.13%
2828 Carmel Dr Alamogordo, NM You'll appreciate this home when you walk in the door. All carpet has been removed & it ha...	3 beds \| N/A baths \| 1,840 sq.ft.	$234,900	Airbnb cash on cash: 0.92% Traditional cash on cash: 8.32% Airbnb Rental Income: $990 Traditional Rental Income: $2279 Airbnb ROI: 0.92% Traditional ROI: 8.32%
405 Sunbeam AVE Alamogordo, NM If you are looking to create your own space then this is it. You'll like the large living ...	3 beds \| 2 baths \| 1,745 sq.ft.	$220,000	Airbnb cash on cash: 1.01% Traditional cash on cash: 8.59% Airbnb Rental Income: $990 Traditional Rental Income: $2214 Airbnb ROI: 1.01% Traditional ROI: 8.59%
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 \| N/A baths \| 2,824 sq.ft.	$459,900	Airbnb cash on cash: 0.68% Traditional cash on cash: 5.57% Airbnb Rental Income: $1619 Traditional Rental Income: $3262 Airbnb ROI: 0.68% Traditional ROI: 5.57%
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 \| N/A baths \| 1,152 sq.ft.	$124,900	Airbnb cash on cash: 2.72% Traditional cash on cash: 9.08% Airbnb Rental Income: $990 Traditional Rental Income: $1400 Airbnb ROI: 2.72% Traditional ROI: 9.08%
400 Sunbeam Alamogordo, NM Unique home with open floor plan on corner lot with mountain & basin views. 3 bed 2 bath ...	3 beds \| 2 baths \| 2,269 sq.ft.	$295,900	Airbnb cash on cash: 0.16% Traditional cash on cash: 6.3% Airbnb Rental Income: $990 Traditional Rental Income: $2347 Airbnb ROI: 0.16% Traditional ROI: 6.3%
37 Calle De Paz Alamogordo, NM If you crave the peace and privacy of country living with plenty of room to roam, this des...	3 beds \| 2 baths \| 2,358 sq.ft.	$450,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 3.47% Airbnb Rental Income: $990 Traditional Rental Income: $2313 Airbnb ROI: -0.51% Traditional ROI: 3.47%
1604 Bellamah Dr Alamogordo, NM I'm back! My Owner was going to rent me, but decided to give you one more chance to own me...	3 beds \| N/A baths \| 1,084 sq.ft.	$175,999	Airbnb cash on cash: 1.45% Traditional cash on cash: 6.06% Airbnb Rental Income: $990 Traditional Rental Income: $1409 Airbnb ROI: 1.45% Traditional ROI: 6.06%
13 Hobo LN Alamogordo, NM This spacious 4 bedroom, 2.5 home is ready for a new owner. You'll walk into a large livin...	4 beds \| 3 baths \| 1,922 sq.ft.	$275,000	Airbnb cash on cash: 2.32% Traditional cash on cash: 6.15% Airbnb Rental Income: $1619 Traditional Rental Income: $2152 Airbnb ROI: 2.32% Traditional ROI: 6.15%
1310 Dewey LN Alamogordo, NM Beautiful 3 bedroom/2 bath home with refrigerated air, upgraded windows, ceiling fans thro...	3 beds \| 2 baths \| 1,616 sq.ft.	$189,000	Airbnb cash on cash: 1.54% Traditional cash on cash: 9.39% Airbnb Rental Income: $990 Traditional Rental Income: $2046 Airbnb ROI: 1.54% Traditional ROI: 9.39%
444 Panhandle CT Alamogordo, NM This 3 bedroom/2 bath home sits in a lovely cul-de-sac and butts up against BLM land - bea...	3 beds \| 2 baths \| 1,781 sq.ft.	$299,900	Airbnb cash on cash: 0.13% Traditional cash on cash: 5.79% Airbnb Rental Income: $990 Traditional Rental Income: $2235 Airbnb ROI: 0.13% Traditional ROI: 5.79%
3015 Del Sur Alamogordo, NM Nice 3 bedroom house that has upgraded bathrooms. Refrigerated air. Large Living room with...	3 beds \| N/A baths \| 1,755 sq.ft.	$269,500	Airbnb cash on cash: 0.34% Traditional cash on cash: 6.49% Airbnb Rental Income: $990 Traditional Rental Income: $2198 Airbnb ROI: 0.34% Traditional ROI: 6.49%
21 Nogal St Alamogordo, NM Move-in ready 2 bed, 2 bath manufactured home on owned land in Alamogordo! Bright, clean i...	2 beds \| 2 baths \| 840 sq.ft.	$119,900	Airbnb cash on cash: 3.23% Traditional cash on cash: 10.47% Airbnb Rental Income: $940 Traditional Rental Income: $1431 Airbnb ROI: 3.23% Traditional ROI: 10.47%
2424 Desert Hills Drive Alamogordo, NM Don't miss this rare opportunity to live a block over from the golf course and enjoy beaut...	4 beds \| 3 baths \| 1,912 sq.ft.	$394,500	Airbnb cash on cash: 1.09% Traditional cash on cash: 4.41% Airbnb Rental Income: $1619 Traditional Rental Income: $2387 Airbnb ROI: 1.09% Traditional ROI: 4.41%
2639 Oakmont Drive Alamogordo, NM Check out this meticulously taken care of home just minutes away from the Desert Lakes Gol...	4 beds \| 2 baths \| 2,121 sq.ft.	$359,000	Airbnb cash on cash: 1.51% Traditional cash on cash: 5.2% Airbnb Rental Income: $1619 Traditional Rental Income: $2403 Airbnb ROI: 1.51% Traditional ROI: 5.2%
339 Cielo Grande Court Alamogordo, NM Beautifully updated home in Alamogordo, NM featuring paid solar panels, 3 bedrooms, and 2 ...	3 beds \| 2 baths \| 1,769 sq.ft.	$335,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 4.25% Airbnb Rental Income: $990 Traditional Rental Income: $1994 Airbnb ROI: -0.07% Traditional ROI: 4.25%
3207 Sioux Trail Alamogordo, NM This is an entry level home in a centrally located neighborhood. It's only minutes to all ...	3 beds \| 2 baths \| 1,252 sq.ft.	$149,900	Airbnb cash on cash: 2.13% Traditional cash on cash: 10.38% Airbnb Rental Income: $990 Traditional Rental Income: $1819 Airbnb ROI: 2.13% Traditional ROI: 10.38%

Real Estate investment in Alamogordo, NM

There are 154 properties for sale in the city of Alamogordo . The median list price in Alamogordo is $272,250 and the average price per square foot is $154. In May 2026, the average monthly cash on cash return in Alamogordo is 7.00%. The average monthly rental income in Alamogordo is $2,206.

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

There are 154 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 $2,206.

Your search for investment property begins and ends here

Investment Property for Sale in Alamogordo, NM

3525 Thunder RD

Alamogordo, NM

3 beds | 2 baths | 1,555 sq.ft.

$294,900

Airbnb cash on cash: 0.16%

Traditional cash on cash: 5.12%

Airbnb Rental Income: $990

Traditional Rental Income: $2012

Airbnb ROI: 0.16%

Traditional ROI: 5.12%

1311 Desert Dawn Drive

Alamogordo, NM

3 beds | 2 baths | 1,264 sq.ft.

$199,000

Airbnb cash on cash: 1.08%

Traditional cash on cash: 7.14%

Airbnb Rental Income: $990

Traditional Rental Income: $1781

Airbnb ROI: 1.08%

Traditional ROI: 7.14%

327 Cielo Grande

Alamogordo, NM

4 beds | 2 baths | 2,099 sq.ft.

$335,000

Airbnb cash on cash: 1.6%

Traditional cash on cash: 5.84%

Airbnb Rental Income: $1619

Traditional Rental Income: $2495

Airbnb ROI: 1.6%

Traditional ROI: 5.84%

2323 Apache Ln

Alamogordo, NM

4 beds | N/A baths | 2,707 sq.ft.

$254,900

Airbnb cash on cash: 2.7%

Traditional cash on cash: 10.71%

Airbnb Rental Income: $1619

Traditional Rental Income: $3088

Airbnb ROI: 2.7%

Traditional ROI: 10.71%

62 Mesa Verde Ranch Rd

Alamogordo, NM

3 beds | N/A baths | 1,900 sq.ft.

$800,000

Airbnb cash on cash: -1.07%

Traditional cash on cash: 1.18%

Airbnb Rental Income: $990

Traditional Rental Income: $2313

Airbnb ROI: -1.07%

Traditional ROI: 1.18%

909 Cedar Ave

Alamogordo, NM

2 beds | 2 baths | 1,810 sq.ft.

$235,000

Airbnb cash on cash: 0.93%

Traditional cash on cash: 8.13%

Airbnb Rental Income: $940

Traditional Rental Income: $2194

Airbnb ROI: 0.93%

Traditional ROI: 8.13%

2828 Carmel Dr

Alamogordo, NM

3 beds | N/A baths | 1,840 sq.ft.

$234,900

Airbnb cash on cash: 0.92%

Traditional cash on cash: 8.32%

Airbnb Rental Income: $990

Traditional Rental Income: $2279

Airbnb ROI: 0.92%

Traditional ROI: 8.32%

405 Sunbeam AVE

Alamogordo, NM

3 beds | 2 baths | 1,745 sq.ft.

$220,000

Airbnb cash on cash: 1.01%

Traditional cash on cash: 8.59%

Airbnb Rental Income: $990

Traditional Rental Income: $2214

Airbnb ROI: 1.01%