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
5 Stonewood DR Alamogordo, NM 2746 sf remodeled home with 3 bdrm/3 baths, 2 master suites, solar, Kohler Generator, 2 hu...	3 beds \| 3 baths \| 2,497 sq.ft.	$495,000	Airbnb cash on cash: -1.21% Traditional cash on cash: 3.99% Airbnb Rental Income: $663 Traditional Rental Income: $2771 Airbnb ROI: -1.21% Traditional ROI: 3.99%
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.	$309,999	Airbnb cash on cash: -0.87% Traditional cash on cash: 4.78% Airbnb Rental Income: $663 Traditional Rental Income: $2012 Airbnb ROI: -0.87% Traditional ROI: 4.78%
1640 N WHITE SANDS Boulevard Alamogordo, NM Prime location in Alamogordo with busy traffic throughout the day. TURNKEY COMMERCIAL INVE...	2 beds \| 2 baths \| 3,612 sq.ft.	$441,111	Airbnb cash on cash: -0.64% Traditional cash on cash: 3.38% Airbnb Rental Income: $760 Traditional Rental Income: $2109 Airbnb ROI: -0.64% Traditional ROI: 3.38%
1311 Desert Dawn Drive Alamogordo, NM Charming 3-Bedroom, 2-Bath Home with Modern Updates and Spacious BackyardThis beautifully ...	3 beds \| 1 baths \| 1,264 sq.ft.	$201,000	Airbnb cash on cash: -0.38% Traditional cash on cash: 7.06% Airbnb Rental Income: $663 Traditional Rental Income: $1781 Airbnb ROI: -0.38% Traditional ROI: 7.06%
222 Hamilton Ridge Ave Alamogordo, NM Wonderfully unique New Mexico style home sitting at the end of a dead-end street. This phe...	4 beds \| 4 baths \| 3,051 sq.ft.	$769,900	Airbnb cash on cash: -1.09% Traditional cash on cash: 3.13% Airbnb Rental Income: $948 Traditional Rental Income: $3623 Airbnb ROI: -1.09% Traditional ROI: 3.13%
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: -0.02% Traditional cash on cash: 6.86% Airbnb Rental Income: $948 Traditional Rental Income: $3492 Airbnb ROI: -0.02% 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: -0.74% Traditional cash on cash: 4.5% Airbnb Rental Income: $663 Traditional Rental Income: $2300 Airbnb ROI: -0.74% Traditional ROI: 4.5%
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 \| 3 baths \| 2,707 sq.ft.	$254,900	Airbnb cash on cash: 0.37% Traditional cash on cash: 10.71% Airbnb Rental Income: $948 Traditional Rental Income: $3088 Airbnb ROI: 0.37% Traditional ROI: 10.71%
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.	$290,000	Airbnb cash on cash: -0.8% Traditional cash on cash: 6.22% Airbnb Rental Income: $663 Traditional Rental Income: $2281 Airbnb ROI: -0.8% Traditional ROI: 6.22%
404 Sunbeam Avenue Alamogordo, NM Charming 3-bedroom, 2-bath home offering approximately 2,000 sq ft of comfortable living s...	3 beds \| 2 baths \| 2,000 sq.ft.	$375,000	Airbnb cash on cash: -0.56% Traditional cash on cash: 5.61% Airbnb Rental Income: $663 Traditional Rental Income: $2536 Airbnb ROI: -0.56% Traditional ROI: 5.61%
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: -1.45% Traditional cash on cash: 1.01% Airbnb Rental Income: $663 Traditional Rental Income: $2313 Airbnb ROI: -1.45% 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: 0.19% Traditional cash on cash: 7.63% Airbnb Rental Income: $760 Traditional Rental Income: $2194 Airbnb ROI: 0.19% 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: -0.31% Traditional cash on cash: 8.32% Airbnb Rental Income: $663 Traditional Rental Income: $2279 Airbnb ROI: -0.31% Traditional ROI: 8.32%
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: -0.62% Traditional cash on cash: 8.98% Airbnb Rental Income: $783 Traditional Rental Income: $4506 Airbnb ROI: -0.62% Traditional ROI: 8.98%
405 Sunbeam AVE Alamogordo, NM If you are looking to create your own space then this is it. Nearly all the floor coverin...	3 beds \| 2 baths \| 1,745 sq.ft.	$274,000	Airbnb cash on cash: -0.43% Traditional cash on cash: 6.73% Airbnb Rental Income: $663 Traditional Rental Income: $2214 Airbnb ROI: -0.43% Traditional ROI: 6.73%
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.	$499,900	Airbnb cash on cash: -0.71% Traditional cash on cash: 4.98% Airbnb Rental Income: $948 Traditional Rental Income: $3262 Airbnb ROI: -0.71% Traditional ROI: 4.98%
335 Camino Real Real Alamogordo, NM 335 Camino Real Real, Alamogordo, NM 88310 \| Single Family Residential	4 beds \| 2 baths \| 1,828 sq.ft.	$354,900	Airbnb cash on cash: -0.27% Traditional cash on cash: 2.85% Airbnb Rental Income: $948 Traditional Rental Income: $1642 Airbnb ROI: -0.27% Traditional ROI: 2.85%
1807 Dewey Ln Alamogordo, NM 1807 Dewey Ln, Alamogordo, NM 88310 \| Single Family Residential	3 beds \| 2 baths \| 1,495 sq.ft.	$199,900	Airbnb cash on cash: -0.37% Traditional cash on cash: 6.2% Airbnb Rental Income: $663 Traditional Rental Income: $1609 Airbnb ROI: -0.37% Traditional ROI: 6.2%
1307 Eighth St Alamogordo, NM 1307 Eighth St, Alamogordo, NM 88310 \| Multi Family	3 beds \| 2 baths \| 1,502 sq.ft.	$150,000	Airbnb cash on cash: 0.09% Traditional cash on cash: 8.75% Airbnb Rental Income: $663 Traditional Rental Income: $1606 Airbnb ROI: 0.09% Traditional ROI: 8.75%
1091 Chicory Alamogordo, NM 1091 Chicory, Alamogordo, NM 88310 \| Single Family Residential	4 beds \| 2 baths \| 1,802 sq.ft.	$374,500	Airbnb cash on cash: -0.35% Traditional cash on cash: 2.75% Airbnb Rental Income: $948 Traditional Rental Income: $1691 Airbnb ROI: -0.35% Traditional ROI: 2.75%
346 Camino Real Real Alamogordo, NM 346 Camino Real Real, Alamogordo, NM 88310 \| Single Family Residential	4 beds \| 2.5 baths \| 2,086 sq.ft.	$368,900	Airbnb cash on cash: -0.33% Traditional cash on cash: 2.99% Airbnb Rental Income: $948 Traditional Rental Income: $1751 Airbnb ROI: -0.33% Traditional ROI: 2.99%
2227 Casa Bonita Ln Alamogordo, NM 2227 Casa Bonita Ln, Alamogordo, NM 88310 \| Single Family Residential	4 beds \| 3 baths \| 2,972 sq.ft.	$634,900	Airbnb cash on cash: -0.94% Traditional cash on cash: 2.58% Airbnb Rental Income: $948 Traditional Rental Income: $2687 Airbnb ROI: -0.94% Traditional ROI: 2.58%
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.	$305,900	Airbnb cash on cash: -0.85% Traditional cash on cash: 6.04% Airbnb Rental Income: $663 Traditional Rental Income: $2347 Airbnb ROI: -0.85% Traditional ROI: 6.04%
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.	$495,000	Airbnb cash on cash: -1.21% Traditional cash on cash: 3% Airbnb Rental Income: $663 Traditional Rental Income: $2313 Airbnb ROI: -1.21% Traditional ROI: 3%
1401 E Sixteenth Street Alamogordo, NM This newly renovated 3 bedroom, 1.75 bath brick home offers 1,120 sq ft of comfortable liv...	3 beds \| 2 baths \| 1,120 sq.ft.	$165,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 8.38% Airbnb Rental Income: $663 Traditional Rental Income: $1694 Airbnb ROI: -0.07% Traditional ROI: 8.38%
903 Arroyo Seco Alamogordo, NM 903 Arroyo Seco, Alamogordo, NM 88310 \| Single Family Residential	4 beds \| 2 baths \| 1,971 sq.ft.	$310,000	Airbnb cash on cash: -0.05% Traditional cash on cash: 5.03% Airbnb Rental Income: $948 Traditional Rental Income: $2084 Airbnb ROI: -0.05% Traditional ROI: 5.03%
1007 Bellamah Drive Alamogordo, NM Charming and quaint 3 bedroom 1 bath gem of a house that is move in ready! Priced for quic...	3 beds \| 1 baths \| 1,240 sq.ft.	$184,900	Airbnb cash on cash: -0.3% Traditional cash on cash: 7.27% Airbnb Rental Income: $663 Traditional Rental Income: $1695 Airbnb ROI: -0.3% Traditional ROI: 7.27%

Real Estate investment in Alamogordo, NM

There are 29 properties for sale in the city of Alamogordo . The median list price in Alamogordo is $310,000 and the average price per square foot is $157. In February 2026, the average monthly cash on cash return in Alamogordo is 6.00%. The average monthly rental income in Alamogordo is $2,262.

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

There are 29 investment properties available for sale in Alamogordo.

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

The ROI for Short-Term is higher than the Long-Term in Alamogordo with average rental income of $760.

Your search for investment property begins and ends here

Investment Property for Sale in Alamogordo, NM

5 Stonewood DR

Alamogordo, NM

3 beds | 3 baths | 2,497 sq.ft.

$495,000

Airbnb cash on cash: -1.21%

Traditional cash on cash: 3.99%

Airbnb Rental Income: $663

Traditional Rental Income: $2771

Airbnb ROI: -1.21%

Traditional ROI: 3.99%

3525 Thunder RD

Alamogordo, NM

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

$309,999

Airbnb cash on cash: -0.87%

Traditional cash on cash: 4.78%

Airbnb Rental Income: $663

Traditional Rental Income: $2012

Airbnb ROI: -0.87%

Traditional ROI: 4.78%

1640 N WHITE SANDS Boulevard

Alamogordo, NM

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

$441,111

Airbnb cash on cash: -0.64%

Traditional cash on cash: 3.38%

Airbnb Rental Income: $760

Traditional Rental Income: $2109

Airbnb ROI: -0.64%

Traditional ROI: 3.38%

1311 Desert Dawn Drive

Alamogordo, NM

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

$201,000

Airbnb cash on cash: -0.38%

Traditional cash on cash: 7.06%

Airbnb Rental Income: $663

Traditional Rental Income: $1781

Airbnb ROI: -0.38%

Traditional ROI: 7.06%

222 Hamilton Ridge Ave

Alamogordo, NM

4 beds | 4 baths | 3,051 sq.ft.

$769,900

Airbnb cash on cash: -1.09%

Traditional cash on cash: 3.13%

Airbnb Rental Income: $948

Traditional Rental Income: $3623

Airbnb ROI: -1.09%

Traditional ROI: 3.13%

23 Moondale RD

Alamogordo, NM

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

$449,000

Airbnb cash on cash: -0.02%

Traditional cash on cash: 6.86%

Airbnb Rental Income: $948

Traditional Rental Income: $3492

Airbnb ROI: -0.02%

Traditional ROI: 6.86%

1434 Melanie LN

Alamogordo, NM

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

$394,000

Airbnb cash on cash: -0.74%

Traditional cash on cash: 4.5%

Airbnb Rental Income: $663

Traditional Rental Income: $2300

Airbnb ROI: -0.74%

Traditional ROI: 4.5%

2323 Apache LN

Alamogordo, NM

4 beds | 3 baths | 2,707 sq.ft.

$254,900

Airbnb cash on cash: 0.37%

Traditional cash on cash: 10.71%

Airbnb Rental Income: $948

Traditional Rental Income: $3088

Airbnb ROI: 0.37%