Real Estate Investment Properties for Sale in Chama, NM

Looking for investment property in Chama, NM with high ROI ?

Explore a variety of short-term homes & houses in Chama, NM. Invest wisely with VRBO & Chama, 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 Chama, NM

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
344 Buckman E Chama, NM Picture yourself living on top of the world with 360 degree views of the mountains. To the...	2 beds \| 3 baths \| 1,920 sq.ft.	$625,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 2.6% Airbnb Rental Income: $1586 Traditional Rental Income: $2345 Airbnb ROI: 0.52% Traditional ROI: 2.6%
406 State Road 512 Chama, NM This well-maintained 3-bedroom, 2-bath home sits on 1.39 +/- acres with multiple outbuildi...	3 beds \| 2 baths \| 1,568 sq.ft.	$280,000	Airbnb cash on cash: 3.81% Traditional cash on cash: 5.78% Airbnb Rental Income: $2016 Traditional Rental Income: $2011 Airbnb ROI: 3.81% Traditional ROI: 5.78%
30 Log Ridge Chama, NM Welcome to 30 Log Ridge, a stunning property nestled on 23.4 acres of land, offering magni...	3 beds \| 3 baths \| 1,850 sq.ft.	$1,330,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 0.43% Airbnb Rental Income: $2016 Traditional Rental Income: $2838 Airbnb ROI: -0.66% Traditional ROI: 0.43%
196 Ticonderoga Drive Chama, NM Charming Off-Grid One-Bedroom Cabin with Stunning Views. Nestled on 83 pristine acres with...	1 beds \| 1 baths \| 1,000 sq.ft.	$499,000	Airbnb cash on cash: 2.45% Traditional cash on cash: 2.65% Airbnb Rental Income: $2524 Traditional Rental Income: $2008 Airbnb ROI: 2.45% Traditional ROI: 2.65%
169 Elk Dr Chama, NM Price Reduction!Welcome to Palomino Pines Ranch Estate luxury equestrian paradise set in t...	4 beds \| 8 baths \| 4,000 sq.ft.	$5,499,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.05% Airbnb Rental Income: $null Traditional Rental Income: $3358 Airbnb ROI: N/A Traditional ROI: -1.05%
722 State Road 512 Chama, NM Cozy Brazos Canyon Cabin with Stunning Views This 2-bedroom, 1-bath cabin in the heart of ...	2 beds \| 1 baths \| 900 sq.ft.	$194,500	Airbnb cash on cash: 4.28% Traditional cash on cash: 5.8% Airbnb Rental Income: $1586 Traditional Rental Income: $1414 Airbnb ROI: 4.28% Traditional ROI: 5.8%
15 Brass Cap Road Chama, NM Where Elegant craftmanship meets impeccable care in the high timbers of Northern New Mexic...	3 beds \| 2 baths \| 1,947 sq.ft.	$665,000	Airbnb cash on cash: 1.03% Traditional cash on cash: 2.62% Airbnb Rental Income: $2016 Traditional Rental Income: $2477 Airbnb ROI: 1.03% Traditional ROI: 2.62%
2755 South Hwy 84/64 Chama, NM Come see this beautiful and spacious mountain property on a 6.72 acre lot with year round ...	2 beds \| 2 baths \| 1,500 sq.ft.	$490,000	Airbnb cash on cash: 0.47% Traditional cash on cash: 2.5% Airbnb Rental Income: $1586 Traditional Rental Income: $2064 Airbnb ROI: 0.47% Traditional ROI: 2.5%
421 Maple Avenue Chama, NM Rare income opportunity in Chama NM and close proximately to Cumbres & Toltec Scenic Railr...	5 beds \| 4 baths \| 2,850 sq.ft.	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.13% Airbnb Rental Income: $null Traditional Rental Income: $2685 Airbnb ROI: N/A Traditional ROI: 5.13%
25 Private Drive 1783 Chama, NM An earthship, a truly one of a kind home in the Chama River Valley! Loads of space with ap...	2 beds \| 2 baths \| 2,800 sq.ft.	$399,900	Airbnb cash on cash: 1.32% Traditional cash on cash: 4.63% Airbnb Rental Income: $1586 Traditional Rental Income: $2374 Airbnb ROI: 1.32% Traditional ROI: 4.63%
62 Lakeview Chama, NM This property is located in the Aspen Lakes area in the Brazos Canyon, and YES, it has mat...	3 beds \| 2 baths \| 1,500 sq.ft.	$239,000	Airbnb cash on cash: 4.68% Traditional cash on cash: 7.73% Airbnb Rental Income: $2016 Traditional Rental Income: $2181 Airbnb ROI: 4.68% Traditional ROI: 7.73%
250 4th Chama, NM Historic Downtown Chama residential/commercially zoned property that has been brought back...	3 beds \| 2 baths \| 2,567 sq.ft.	$349,900	Airbnb cash on cash: 2.46% Traditional cash on cash: 4.31% Airbnb Rental Income: $2016 Traditional Rental Income: $2097 Airbnb ROI: 2.46% Traditional ROI: 4.31%
83 Juniper Chama, NM Besides a new roof that has been installed in August 2025, The first thing you see when en...	5 beds \| 5 baths \| 3,400 sq.ft.	$549,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.85% Airbnb Rental Income: $null Traditional Rental Income: $5553 Airbnb ROI: N/A Traditional ROI: 8.85%
1999 Hwy 17 Chama, NM This duplex is fully rented and more than pays for itself. It has a 3 bedroom, 1 bath on t...	5 beds \| 2 baths \| 2,074 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.05% Airbnb Rental Income: $null Traditional Rental Income: $2892 Airbnb ROI: N/A Traditional ROI: 8.05%
63 PD 1796 Chama, NM Spacious Country Living with Mountain Views in Chama West: Experience the perfect blend of...	3 beds \| 2 baths \| 2,250 sq.ft.	$435,000	Airbnb cash on cash: 1.64% Traditional cash on cash: 4.46% Airbnb Rental Income: $2016 Traditional Rental Income: $2641 Airbnb ROI: 1.64% Traditional ROI: 4.46%
12 Horn Toad Chama, NM Custom Mountain Retreat on 10 Acres in Chama West Subdivision: Discover this exceptional c...	2 beds \| 3 baths \| 2,260 sq.ft.	$565,000	Airbnb cash on cash: 0.1% Traditional cash on cash: 3.12% Airbnb Rental Income: $1586 Traditional Rental Income: $2727 Airbnb ROI: 0.1% Traditional ROI: 3.12%
16420 Hwy 84/ 64 Chama, NM Chama Valley Home Property Description Nestled in the heart of the Chama Valley in Norther...	3 beds \| 2 baths \| 1,400 sq.ft.	$429,000	Airbnb cash on cash: 2.19% Traditional cash on cash: 4.14% Airbnb Rental Income: $2016 Traditional Rental Income: $2276 Airbnb ROI: 2.19% Traditional ROI: 4.14%
93 Private Drive 1754 Chama, NM Beautiful Custom Built Mountain Log Cabin tucked in the Woods and Tall Pines. This is the ...	3 beds \| 2 baths \| 1,450 sq.ft.	$499,000	Airbnb cash on cash: 1.36% Traditional cash on cash: 2.53% Airbnb Rental Income: $2016 Traditional Rental Income: $2040 Airbnb ROI: 1.36% Traditional ROI: 2.53%
672 State Road 512 Chama, NM Escape to the tranquility of the Brazos River with this beautifully maintained and updated...	2 beds \| 1 baths \| 890 sq.ft.	$248,500	Airbnb cash on cash: 3.17% Traditional cash on cash: 5.01% Airbnb Rental Income: $1586 Traditional Rental Income: $1564 Airbnb ROI: 3.17% Traditional ROI: 5.01%
460 Pinon Drive Chama, NM In town home and close to shopping, hiking and the Cumbres & Toltec Scenic Railroad. On vi...	2 beds \| 2 baths \| 715 sq.ft.	$125,000	Airbnb cash on cash: 7.27% Traditional cash on cash: 10.68% Airbnb Rental Income: $1586 Traditional Rental Income: $1543 Airbnb ROI: 7.27% Traditional ROI: 10.68%
11 Cielo Azul Chama, NM Escape to the tranquility of the mountains with this beautifully remodeled and meticulousl...	2 beds \| 1 baths \| 850 sq.ft.	$234,900	Airbnb cash on cash: 3.01% Traditional cash on cash: 4.02% Airbnb Rental Income: $1586 Traditional Rental Income: $1356 Airbnb ROI: 3.01% Traditional ROI: 4.02%
2499 Rio Chamita Trail Chama, NM Beautiful Northern New Mexico Property. Very well maintained 3 bedroom 2 bath home nestled...	3 beds \| 2 baths \| 1,750 sq.ft.	$325,000	Airbnb cash on cash: 3.06% Traditional cash on cash: 5.19% Airbnb Rental Income: $2016 Traditional Rental Income: $2142 Airbnb ROI: 3.06% Traditional ROI: 5.19%
44 Elk Drive Chama, NM Saddle up your Horses! This home Blends rustic charm with intelligent equestrian function....	2 beds \| 1 baths \| 1,472 sq.ft.	$485,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 2.69% Airbnb Rental Income: $1586 Traditional Rental Income: $1964 Airbnb ROI: 0.86% Traditional ROI: 2.69%
60 County Road 343 Chama, NM If you are looking for a cozy cabin to spend weekends, summers or permenately relocate to,...	2 beds \| 2 baths \| 1,400 sq.ft.	$340,000	Airbnb cash on cash: 1.9% Traditional cash on cash: 5.2% Airbnb Rental Income: $1586 Traditional Rental Income: $2187 Airbnb ROI: 1.9% Traditional ROI: 5.2%
31 County Road 343 Chama, NM This is a true homestead from the 1930's with a ton of history. Once run as a dairy cattle...	2 beds \| 2 baths \| 1,588 sq.ft.	$1,275,000	Airbnb cash on cash: -1.08% Traditional cash on cash: 0.19% Airbnb Rental Income: $1586 Traditional Rental Income: $2644 Airbnb ROI: -1.08% Traditional ROI: 0.19%
160 Indian Paint Brush Chama, NM Rare property located in the Lakes on the Chama S/D sitting on 3.03 +/- AC with brand new ...	2 beds \| 1 baths \| 915 sq.ft.	$429,000	Airbnb cash on cash: 1.37% Traditional cash on cash: 3.2% Airbnb Rental Income: $1586 Traditional Rental Income: $1870 Airbnb ROI: 1.37% Traditional ROI: 3.2%
235A State Highway 17 Chama, NM Located north of the Village of Chama, this 24.6 acres has Chama River Frontage on the wes...	2 beds \| 2 baths \| 1,968 sq.ft.	$1,300,000	Airbnb cash on cash: -0.93% Traditional cash on cash: 0.45% Airbnb Rental Income: $1586 Traditional Rental Income: $2801 Airbnb ROI: -0.93% Traditional ROI: 0.45%
139D County Road 342 Chama, NM A-Frame Cabin on 5.5 Acres with Private Well and Panoramic Views This charming A-Frame cab...	1 beds \| 1 baths \| 1,125 sq.ft.	$279,900	Airbnb cash on cash: 5.49% Traditional cash on cash: 4.22% Airbnb Rental Income: $2524 Traditional Rental Income: $1581 Airbnb ROI: 5.49% Traditional ROI: 4.22%

Real Estate investment in Chama, NM

There are 28 properties for sale in the city of Chama . The median list price in Chama is $399,900 and the average price per square foot is $232. In October 2025, the average monthly cash on cash return in Chama is 4.00%. The average monthly rental income in Chama is $2,142.

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

There are 28 investment properties available for sale in Chama.

In 2025, the best neighborhood to buy investment property is Chama.

The ROI for Long-Term is higher than the Short-Term in Chama with average rental income of $2,142.

Your search for investment property begins and ends here

Investment Property for Sale in Chama, NM

344 Buckman E

Chama, NM

2 beds | 3 baths | 1,920 sq.ft.

$625,000

Airbnb cash on cash: 0.52%

Traditional cash on cash: 2.6%

Airbnb Rental Income: $1586

Traditional Rental Income: $2345

Airbnb ROI: 0.52%

Traditional ROI: 2.6%

406 State Road 512

Chama, NM

3 beds | 2 baths | 1,568 sq.ft.

$280,000

Airbnb cash on cash: 3.81%

Traditional cash on cash: 5.78%

Airbnb Rental Income: $2016

Traditional Rental Income: $2011

Airbnb ROI: 3.81%

Traditional ROI: 5.78%

30 Log Ridge

Chama, NM

3 beds | 3 baths | 1,850 sq.ft.

$1,330,000

Airbnb cash on cash: -0.66%

Traditional cash on cash: 0.43%

Airbnb Rental Income: $2016

Traditional Rental Income: $2838

Airbnb ROI: -0.66%

Traditional ROI: 0.43%

196 Ticonderoga Drive

Chama, NM

1 beds | 1 baths | 1,000 sq.ft.

$499,000

Airbnb cash on cash: 2.45%

Traditional cash on cash: 2.65%

Airbnb Rental Income: $2524

Traditional Rental Income: $2008

Airbnb ROI: 2.45%

Traditional ROI: 2.65%

169 Elk Dr

Chama, NM

4 beds | 8 baths | 4,000 sq.ft.

$5,499,000

Airbnb cash on cash: N/A

Traditional cash on cash: -1.05%

Airbnb Rental Income: $null

Traditional Rental Income: $3358

Airbnb ROI: N/A

Traditional ROI: -1.05%

722 State Road 512

Chama, NM

2 beds | 1 baths | 900 sq.ft.

$194,500

Airbnb cash on cash: 4.28%

Traditional cash on cash: 5.8%

Airbnb Rental Income: $1586

Traditional Rental Income: $1414

Airbnb ROI: 4.28%

Traditional ROI: 5.8%

15 Brass Cap Road

Chama, NM

3 beds | 2 baths | 1,947 sq.ft.

$665,000

Airbnb cash on cash: 1.03%

Traditional cash on cash: 2.62%

Airbnb Rental Income: $2016

Traditional Rental Income: $2477

Airbnb ROI: 1.03%

Traditional ROI: 2.62%

2755 South Hwy 84/64

Chama, NM

2 beds | 2 baths | 1,500 sq.ft.

$490,000

Airbnb cash on cash: 0.47%

Traditional cash on cash: 2.5%

Airbnb Rental Income: $1586

Traditional Rental Income: $2064

Airbnb ROI: 0.47%