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
1640 N WHITE SANDS Boulevard Alamogordo, NM	2 beds \| 2 baths \| 3,612 sq.ft.	$397,000	Airbnb cash on cash: -0.02% Traditional cash on cash: 3.87% Airbnb Rental Income: $1024 Traditional Rental Income: $2109 Airbnb ROI: -0.02% Traditional ROI: 3.87%
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.	$201,000	Airbnb cash on cash: 1.7% Traditional cash on cash: 7.06% Airbnb Rental Income: $1138 Traditional Rental Income: $1781 Airbnb ROI: 1.7% Traditional ROI: 7.06%
2100 Stardust Court Alamogordo, NM This 52-unit community is nestled in tall pines trees on a cul-de-sac just a short distanc...	5 beds \| 1 baths \| 30,020 sq.ft.	$4,724,000	Airbnb cash on cash: -0.92% Traditional cash on cash: -0.85% Airbnb Rental Income: $1466 Traditional Rental Income: $1339 Airbnb ROI: -0.92% Traditional ROI: -0.85%
600 Adams AVE Alamogordo, NM This homes has been completely remodeled - it's a must see property. You'll love the dou...	4 beds \| 2 baths \| 2,012 sq.ft.	$194,900	Airbnb cash on cash: 3.37% Traditional cash on cash: 11.29% Airbnb Rental Income: $1404 Traditional Rental Income: $2447 Airbnb ROI: 3.37% Traditional ROI: 11.29%
23 Moondale RD Alamogordo, NM Looking for a unique home with lots of character, seclusion and space - then please see th...	4 beds \| 3 baths \| 2,900 sq.ft.	$449,000	Airbnb cash on cash: 0.88% Traditional cash on cash: 6.86% Airbnb Rental Income: $1404 Traditional Rental Income: $3492 Airbnb ROI: 0.88% Traditional ROI: 6.86%
1434 Melanie LN Alamogordo, NM Beautiful home, breathtaking views, great location - can't ask for more than that. This h...	3 beds \| 2 baths \| 1,782 sq.ft.	$394,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 4.5% Airbnb Rental Income: $1138 Traditional Rental Income: $2300 Airbnb ROI: 0.33% Traditional ROI: 4.5%
3296 Robert H Bradley Drive Alamogordo, NM You will love the attention to detail in this expertly designed home! With approximately 1...	3 beds \| 2 baths \| 1,955 sq.ft.	$315,000	Airbnb cash on cash: 0.45% Traditional cash on cash: 5.59% Airbnb Rental Income: $1138 Traditional Rental Income: $2281 Airbnb ROI: 0.45% Traditional ROI: 5.59%
404 Sunbeam Avenue Alamogordo, NM Discover this charming 3-bedroom, 2-bathroom home offering approximately 2,000 sq ft of co...	3 beds \| 2 baths \| 2,000 sq.ft.	$395,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 5.28% Airbnb Rental Income: $1138 Traditional Rental Income: $2536 Airbnb ROI: 0.49% Traditional ROI: 5.28%
2410 Hawaii AVE Alamogordo, NM This quaint home is ready for you. It has 3 bedrooms/2 baths and lots of extras: refrige...	3 beds \| 2 baths \| 1,312 sq.ft.	$199,900	Airbnb cash on cash: 2.08% Traditional cash on cash: 8.49% Airbnb Rental Income: $1138 Traditional Rental Income: $1974 Airbnb ROI: 2.08% Traditional ROI: 8.49%
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.	$850,000	Airbnb cash on cash: -0.95% Traditional cash on cash: 1.01% Airbnb Rental Income: $1138 Traditional Rental Income: $2313 Airbnb ROI: -0.95% Traditional ROI: 1.01%
909 CEDAR Avenue 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.	$249,000	Airbnb cash on cash: 1.12% Traditional cash on cash: 7.63% Airbnb Rental Income: $1024 Traditional Rental Income: $2194 Airbnb ROI: 1.12% Traditional ROI: 7.63%
2828 Carmel DR Alamogordo, NM You'll appreciate this home when you walk in the door. All carpet has been removed & it h...	3 beds \| 2 baths \| 1,840 sq.ft.	$234,900	Airbnb cash on cash: 1.47% Traditional cash on cash: 8.32% Airbnb Rental Income: $1138 Traditional Rental Income: $2279 Airbnb ROI: 1.47% Traditional ROI: 8.32%
1304 Dewey Lane Alamogordo, NM Charming 3-bed, 1-bath, 1,316 sq. ft. home with mountain views! This property features an ...	3 beds \| 1 baths \| 1,316 sq.ft.	$159,900	Airbnb cash on cash: 2.97% Traditional cash on cash: 9.86% Airbnb Rental Income: $1138 Traditional Rental Income: $1811 Airbnb ROI: 2.97% Traditional ROI: 9.86%
403 Spruce Avenue Alamogordo, NM This 2-bedroom, 1-bath home offers 1,144 sq. ft. of space with tons of potential. Built in...	2 beds \| 1 baths \| 1,144 sq.ft.	$110,000	Airbnb cash on cash: 3.82% Traditional cash on cash: 11.89% Airbnb Rental Income: $1024 Traditional Rental Income: $1524 Airbnb ROI: 3.82% Traditional ROI: 11.89%
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 \| 4 baths \| 3,313 sq.ft.	$450,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 8.98% Airbnb Rental Income: $1466 Traditional Rental Income: $4506 Airbnb ROI: 0.73% Traditional ROI: 8.98%

Real Estate investment in Alamogordo, NM

There are 15 properties for sale in the city of Alamogordo . The median list price in Alamogordo is $241,950 and the average price per square foot is $68. In October 2025, the average monthly cash on cash return in Alamogordo is 8.00%. The average monthly rental income in Alamogordo is $2,271.

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

There are 15 investment properties available for sale in Alamogordo.

In 2025, 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 $2,271.

Your search for investment property begins and ends here

Investment Property for Sale in Alamogordo, NM

1640 N WHITE SANDS Boulevard

Alamogordo, NM

2 beds | 2 baths | 3,612 sq.ft.

$397,000

Airbnb cash on cash: -0.02%

Traditional cash on cash: 3.87%

Airbnb Rental Income: $1024

Traditional Rental Income: $2109

Airbnb ROI: -0.02%

Traditional ROI: 3.87%

1311 Desert Dawn Drive

Alamogordo, NM

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

$201,000

Airbnb cash on cash: 1.7%

Traditional cash on cash: 7.06%

Airbnb Rental Income: $1138

Traditional Rental Income: $1781

Airbnb ROI: 1.7%

Traditional ROI: 7.06%

2100 Stardust Court

Alamogordo, NM

5 beds | 1 baths | 30,020 sq.ft.

$4,724,000

Airbnb cash on cash: -0.92%

Traditional cash on cash: -0.85%

Airbnb Rental Income: $1466

Traditional Rental Income: $1339

Airbnb ROI: -0.92%

Traditional ROI: -0.85%

600 Adams AVE

Alamogordo, NM

4 beds | 2 baths | 2,012 sq.ft.

$194,900

Airbnb cash on cash: 3.37%

Traditional cash on cash: 11.29%

Airbnb Rental Income: $1404

Traditional Rental Income: $2447

Airbnb ROI: 3.37%

Traditional ROI: 11.29%

23 Moondale RD

Alamogordo, NM

4 beds | 3 baths | 2,900 sq.ft.

$449,000

Airbnb cash on cash: 0.88%

Traditional cash on cash: 6.86%

Airbnb Rental Income: $1404

Traditional Rental Income: $3492

Airbnb ROI: 0.88%

Traditional ROI: 6.86%

1434 Melanie LN

Alamogordo, NM

3 beds | 2 baths | 1,782 sq.ft.

$394,000

Airbnb cash on cash: 0.33%

Traditional cash on cash: 4.5%

Airbnb Rental Income: $1138

Traditional Rental Income: $2300

Airbnb ROI: 0.33%

Traditional ROI: 4.5%

3296 Robert H Bradley Drive

Alamogordo, NM

3 beds | 2 baths | 1,955 sq.ft.

$315,000

Airbnb cash on cash: 0.45%

Traditional cash on cash: 5.59%

Airbnb Rental Income: $1138

Traditional Rental Income: $2281

Airbnb ROI: 0.45%

Traditional ROI: 5.59%

404 Sunbeam Avenue

Alamogordo, NM

3 beds | 2 baths | 2,000 sq.ft.

$395,000

Airbnb cash on cash: 0.49%

Traditional cash on cash: 5.28%

Airbnb Rental Income: $1138

Traditional Rental Income: $2536

Airbnb ROI: 0.49%