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
3109 Thunder RD Alamogordo, NM This beautiful brick home has wonderful upgrades. The living room/dining area is open and...	3 beds \| 2 baths \| 1,574 sq.ft.	$254,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.65% Airbnb Rental Income: $null Traditional Rental Income: $2049 Airbnb ROI: N/A Traditional ROI: 6.65%
2714 Birdie LP Alamogordo, NM Ideal for someone who doesn't need all the bedrooms but wants the sq ft. Stainless steel a...	2 beds \| 3 baths \| 1,941 sq.ft.	$306,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.42% Airbnb Rental Income: $null Traditional Rental Income: $1021 Airbnb ROI: N/A Traditional ROI: 1.42%
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: N/A Traditional cash on cash: 5.12% Airbnb Rental Income: $null Traditional Rental Income: $2012 Airbnb ROI: N/A 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: N/A Traditional cash on cash: 7.14% Airbnb Rental Income: $null Traditional Rental Income: $1781 Airbnb ROI: N/A Traditional ROI: 7.14%
2402 Tulane Avenue Alamogordo, NM Experience the perfect blend of modern comfort and mountain serenity! Tucked away on a qui...	4 beds \| 2 baths \| 1,510 sq.ft.	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.23% Airbnb Rental Income: $null Traditional Rental Income: $2008 Airbnb ROI: N/A Traditional ROI: 10.23%
1434 Melanie LN Alamogordo, NM Nearly 1.7 Acres of land with this beautiful home, breathtaking views, great location - ca...	3 beds \| 2 baths \| 1,858 sq.ft.	$429,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.05% Airbnb Rental Income: $null Traditional Rental Income: $2300 Airbnb ROI: N/A Traditional ROI: 4.05%
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: N/A Traditional cash on cash: 10.71% Airbnb Rental Income: $null Traditional Rental Income: $3088 Airbnb ROI: N/A 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: N/A Traditional cash on cash: 6.22% Airbnb Rental Income: $null Traditional Rental Income: $2281 Airbnb ROI: N/A Traditional ROI: 6.22%
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: N/A Traditional cash on cash: 1.01% Airbnb Rental Income: $null Traditional Rental Income: $2313 Airbnb ROI: N/A 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.	$235,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.13% Airbnb Rental Income: $null Traditional Rental Income: $2194 Airbnb ROI: N/A 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 h...	3 beds \| 2 baths \| 1,840 sq.ft.	$234,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.32% Airbnb Rental Income: $null Traditional Rental Income: $2279 Airbnb ROI: N/A 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: N/A Traditional cash on cash: 8.59% Airbnb Rental Income: $null Traditional Rental Income: $2214 Airbnb ROI: N/A 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 \| 3 baths \| 2,824 sq.ft.	$499,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.98% Airbnb Rental Income: $null Traditional Rental Income: $3262 Airbnb ROI: N/A Traditional ROI: 4.98%
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: N/A Traditional cash on cash: 6.3% Airbnb Rental Income: $null Traditional Rental Income: $2347 Airbnb ROI: N/A 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.	$475,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.2% Airbnb Rental Income: $null Traditional Rental Income: $2313 Airbnb ROI: N/A Traditional ROI: 3.2%
1604 Bellamah DR Alamogordo, NM Cozy and recently updated - inside and out! Location is key with this property. Schools ...	3 beds \| 1 baths \| 1,084 sq.ft.	$179,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.93% Airbnb Rental Income: $null Traditional Rental Income: $1409 Airbnb ROI: N/A Traditional ROI: 5.93%
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: N/A Traditional cash on cash: 8.38% Airbnb Rental Income: $null Traditional Rental Income: $1694 Airbnb ROI: N/A Traditional ROI: 8.38%
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: N/A Traditional cash on cash: 9.39% Airbnb Rental Income: $null Traditional Rental Income: $2046 Airbnb ROI: N/A 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: N/A Traditional cash on cash: 5.79% Airbnb Rental Income: $null Traditional Rental Income: $2235 Airbnb ROI: N/A 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 \| 2 baths \| 1,755 sq.ft.	$274,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.34% Airbnb Rental Income: $null Traditional Rental Income: $2198 Airbnb ROI: N/A Traditional ROI: 6.34%
21 Nogal Street Alamogordo, NM This move-in ready 2 bed, 2 bath manufactured home features a bright, like-new interior wi...	2 beds \| 2 baths \| 840 sq.ft.	$137,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.09% Airbnb Rental Income: $null Traditional Rental Income: $1431 Airbnb ROI: N/A Traditional ROI: 9.09%
412 Catalina Lane Alamogordo, NM Step into this true Southwest-style home at 412 E Catalina Lane, where the warmth of exten...	3 beds \| 1 baths \| 1,842 sq.ft.	$150,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.93% Airbnb Rental Income: $null Traditional Rental Income: $1632 Airbnb ROI: N/A Traditional ROI: 8.93%
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: N/A Traditional cash on cash: 3.35% Airbnb Rental Income: $null Traditional Rental Income: $1995 Airbnb ROI: N/A Traditional ROI: 3.35%

Real Estate investment in Alamogordo, NM

There are 23 properties for sale in the city of Alamogordo . The median list price in Alamogordo is $264,700 and the average price per square foot is $150. In March 2026, the average monthly cash on cash return in Alamogordo is 7.00%. The average monthly rental income in Alamogordo is $2,196.

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

There are 23 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 $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Alamogordo, NM

3109 Thunder RD

Alamogordo, NM

3 beds | 2 baths | 1,574 sq.ft.

$254,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.65%

Airbnb Rental Income: $null

Traditional Rental Income: $2049

Airbnb ROI: N/A

Traditional ROI: 6.65%

2714 Birdie LP

Alamogordo, NM

2 beds | 3 baths | 1,941 sq.ft.

$306,900

Airbnb cash on cash: N/A

Traditional cash on cash: 1.42%

Airbnb Rental Income: $null

Traditional Rental Income: $1021

Airbnb ROI: N/A

Traditional ROI: 1.42%

3525 Thunder RD

Alamogordo, NM

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

$294,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.12%

Airbnb Rental Income: $null

Traditional Rental Income: $2012

Airbnb ROI: N/A

Traditional ROI: 5.12%

1311 Desert Dawn Drive

Alamogordo, NM

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

$199,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.14%

Airbnb Rental Income: $null

Traditional Rental Income: $1781

Airbnb ROI: N/A

Traditional ROI: 7.14%

2402 Tulane Avenue

Alamogordo, NM

4 beds | 2 baths | 1,510 sq.ft.

$175,000

Airbnb cash on cash: N/A

Traditional cash on cash: 10.23%

Airbnb Rental Income: $null

Traditional Rental Income: $2008

Airbnb ROI: N/A

Traditional ROI: 10.23%

1434 Melanie LN

Alamogordo, NM

3 beds | 2 baths | 1,858 sq.ft.

$429,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.05%

Airbnb Rental Income: $null

Traditional Rental Income: $2300

Airbnb ROI: N/A

Traditional ROI: 4.05%

2323 Apache LN

Alamogordo, NM

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

$254,900

Airbnb cash on cash: N/A

Traditional cash on cash: 10.71%

Airbnb Rental Income: $null

Traditional Rental Income: $3088

Airbnb ROI: N/A

Traditional ROI: 10.71%

3296 Robert H Bradley Drive

Alamogordo, NM

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

$290,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.22%

Airbnb Rental Income: $null

Traditional Rental Income: $2281

Airbnb ROI: N/A