Real Estate Investment Properties for Sale in Espanola, NM

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
314 Calle Lucia Espanola, NM If you've been looking for a place that feels peaceful the moment you pull in, this Santa ...	4 beds \| 2 baths \| 1,879 sq.ft.	$517,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.17% Airbnb Rental Income: $null Traditional Rental Income: $2493 Airbnb ROI: N/A Traditional ROI: 3.17%
77 County Road 5 Espanola, NM Welcome to "Casa de Guadalupe," a charming vintage adobe sanctuary nestled on half an acre...	2 beds \| 2 baths \| 1,984 sq.ft.	$435,000	Airbnb cash on cash: 1.57% Traditional cash on cash: 4.34% Airbnb Rental Income: $1719 Traditional Rental Income: $2374 Airbnb ROI: 1.57% Traditional ROI: 4.34%
526 Camino Arbolera Espanola, NM Situated in a well-established subdivision in Espanola, this move-in-ready 3-bedroom, 1 3/...	3 beds \| 2 baths \| 1,500 sq.ft.	$344,000	Airbnb cash on cash: -1.27% Traditional cash on cash: 6% Airbnb Rental Income: $349 Traditional Rental Income: $2451 Airbnb ROI: -1.27% Traditional ROI: 6%
1004 Nm 76 Espanola, NM This seven plex is well located in close proximity jobs, retail, restaurants, casinos and ...	10 beds \| N/A baths \| 5,338 sq.ft.	$1,023,993	Airbnb cash on cash: N/A Traditional cash on cash: 0.82% Airbnb Rental Income: $null Traditional Rental Income: $2097 Airbnb ROI: N/A Traditional ROI: 0.82%
305 A&B Camino Del Sol Espanola, NM Located in Espanola, off of Riverside Drive, is a moderate sized Spanish style, adobe comp...	4 beds \| 3 baths \| 3,564 sq.ft.	$632,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.44% Airbnb Rental Income: $null Traditional Rental Income: $3458 Airbnb ROI: N/A Traditional ROI: 4.44%
604 W Sanchez Street Espanola, NM A truly unique adobe town home, perched on a small hill in Espanola, offers breathtaking v...	1 beds \| 2 baths \| 1,011 sq.ft.	$160,000	Airbnb cash on cash: 0.71% Traditional cash on cash: 9.3% Airbnb Rental Income: $727 Traditional Rental Income: $1729 Airbnb ROI: 0.71% Traditional ROI: 9.3%
604 W Sanchez St Espanola, NM 604 W Sanchez St, Espanola, NM 87532 \| Single Family Residential	1 beds \| 2 baths \| 1,011 sq.ft.	$160,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 6.07% Airbnb Rental Income: $727 Traditional Rental Income: $1295 Airbnb ROI: 0.32% Traditional ROI: 6.07%
1814 State Rd 76 Espanola, NM 1814 State Rd 76, Espanola, NM 87532 \| Other	N/A beds \| N/A baths \| N/A	$315,000	Airbnb cash on cash: -0.91% Traditional cash on cash: 0.69% Airbnb Rental Income: $652 Traditional Rental Income: $830 Airbnb ROI: -0.91% Traditional ROI: 0.69%
TBD Camino Arbolera Espanola, NM TBD Camino Arbolera, Espanola, NM 87532 \| Other	N/A beds \| N/A baths \| 988 sq.ft.	$100,000	Airbnb cash on cash: 0.89% Traditional cash on cash: 5.27% Airbnb Rental Income: $652 Traditional Rental Income: $780 Airbnb ROI: 0.89% Traditional ROI: 5.27%
718 E Pueblo Espanola, NM EAST PUEBLO: A Unique Home in a Prime Espanola Location Location is everything! This prope...	3 beds \| 2 baths \| 2,694 sq.ft.	$439,000	Airbnb cash on cash: -1.77% Traditional cash on cash: 5.92% Airbnb Rental Income: $349 Traditional Rental Income: $3264 Airbnb ROI: -1.77% Traditional ROI: 5.92%
720 School Espanola, NM 720 School, Espanola, NM 87532 \| Condo/Coop	N/A beds \| N/A baths \| 6,756 sq.ft.	$1,400,000	Airbnb cash on cash: -1.59% Traditional cash on cash: -1.15% Airbnb Rental Income: $652 Traditional Rental Income: $931 Airbnb ROI: -1.59% Traditional ROI: -1.15%
8 County Road 006 Espanola, NM Single wide mobile home with additions on 0.42 lot in quiet San Pedro residential area wit...	2 beds \| 2 baths \| 1,499 sq.ft.	$225,000	Airbnb cash on cash: 3.61% Traditional cash on cash: 7.99% Airbnb Rental Income: $1719 Traditional Rental Income: $2177 Airbnb ROI: 3.61% Traditional ROI: 7.99%
47 NM 581 Espanola, NM This charming adobe home is ready for its new owners to step inside and appreciate its pot...	3 beds \| 2 baths \| 1,914 sq.ft.	$675,000	Airbnb cash on cash: -1.78% Traditional cash on cash: 2.25% Airbnb Rental Income: $349 Traditional Rental Income: $2639 Airbnb ROI: -1.78% Traditional ROI: 2.25%
712 Sunset Dr Espanola, NM Southwest style home on .6 acres with water rights, built around 2005 and designed with fl...	2 beds \| 2 baths \| 2,680 sq.ft.	$695,000	Airbnb cash on cash: -0.02% Traditional cash on cash: 1.72% Airbnb Rental Income: $1719 Traditional Rental Income: $2370 Airbnb ROI: -0.02% Traditional ROI: 1.72%
25 Camino De Casimiro Espanola, NM What would it mean to finally have the space, privacy, and land you've been looking for- w...	3 beds \| 1 baths \| 1,513 sq.ft.	$310,000	Airbnb cash on cash: -1.76% Traditional cash on cash: 5.76% Airbnb Rental Income: $349 Traditional Rental Income: $2298 Airbnb ROI: -1.76% Traditional ROI: 5.76%
116 N Coronado Ave Espanola, NM Charming 4 BR, 2 BA home located in Espanola, offers comfort, convenience & timeless appea...	4 beds \| 2 baths \| 2,296 sq.ft.	$420,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.11% Airbnb Rental Income: $null Traditional Rental Income: $2744 Airbnb ROI: N/A Traditional ROI: 5.11%
148 El Llano Road Espanola, NM This cozy, private adobe home, featuring flagstone floors, offers a welcoming retreat both...	2 beds \| 1 baths \| 862 sq.ft.	$150,000	Airbnb cash on cash: 6.76% Traditional cash on cash: 9.48% Airbnb Rental Income: $1719 Traditional Rental Income: $1634 Airbnb ROI: 6.76% Traditional ROI: 9.48%
0 Santo Nino Ln #Parcel C Espanola, NM 0 Santo Nino Ln #Parcel C, Espanola, NM 87532 \| Other	N/A beds \| N/A baths \| N/A	$60,000	Airbnb cash on cash: 2.55% Traditional cash on cash: 11.37% Airbnb Rental Income: $652 Traditional Rental Income: $885 Airbnb ROI: 2.55% Traditional ROI: 11.37%
1120 Casa De Luz Espanola, NM Welcome to this brand-new 2026 Cavco home offering modern comfort and thoughtful design th...	3 beds \| 2 baths \| 1,568 sq.ft.	$393,000	Airbnb cash on cash: -1.85% Traditional cash on cash: 4.26% Airbnb Rental Income: $349 Traditional Rental Income: $2352 Airbnb ROI: -1.85% Traditional ROI: 4.26%
19309 US HWY 84/285 Espanola, NM 4 bed 1 bath fixer upper	4 beds \| 1 baths \| 1,522 sq.ft.	$295,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.61% Airbnb Rental Income: $null Traditional Rental Income: $1968 Airbnb ROI: N/A Traditional ROI: 5.61%
0 La Joya St Espanola, NM 0 La Joya St, Espanola, NM 87532 \| Other	N/A beds \| N/A baths \| N/A	$135,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 4.37% Airbnb Rental Income: $652 Traditional Rental Income: $892 Airbnb ROI: 0.22% Traditional ROI: 4.37%
11 Calle Chiripada Espanola, NM Wonderful 5-Bedroom Home on 0.89 Acres with Stunning Mountain Views Enjoy country living w...	5 beds \| 2 baths \| 2,371 sq.ft.	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.54% Airbnb Rental Income: $null Traditional Rental Income: $2837 Airbnb ROI: N/A Traditional ROI: 5.54%
41 AB W Arroyo Alamo Espanola, NM Charming Rural Retreat with Endless Potential in Arroyo Seco! Escape to the serene beauty ...	3 beds \| 2 baths \| 2,835 sq.ft.	$395,000	Airbnb cash on cash: -1.77% Traditional cash on cash: 5.64% Airbnb Rental Income: $349 Traditional Rental Income: $2846 Airbnb ROI: -1.77% Traditional ROI: 5.64%
1000 La Joya St Espanola, NM 1000 La Joya St, Espanola, NM 87532 \| Other	N/A beds \| N/A baths \| N/A	$300,000	Airbnb cash on cash: -0.87% Traditional cash on cash: 1.05% Airbnb Rental Income: $652 Traditional Rental Income: $897 Airbnb ROI: -0.87% Traditional ROI: 1.05%
402 to 412 McCracken Espanola, NM Investment opportunity with a prime multi unit and development parcel. This highly sought ...	4 beds \| 4 baths \| 2,572 sq.ft.	$360,000	Airbnb cash on cash: N/A Traditional cash on cash: 10% Airbnb Rental Income: $null Traditional Rental Income: $3926 Airbnb ROI: N/A Traditional ROI: 10%
798 W Don Filigonio Espanola, NM 798 W Don Filigonio, Espanola, NM 87532 \| Manufactured Home	3 beds \| 2 baths \| 1,344 sq.ft.	$280,000	Airbnb cash on cash: -1.76% Traditional cash on cash: 4.88% Airbnb Rental Income: $349 Traditional Rental Income: $1855 Airbnb ROI: -1.76% Traditional ROI: 4.88%
813 Sandy Lane Espanola, NM Welcome to 813 Sandy Lane - a beautifully maintained 3-bedroom, 2.5-bath home offering the...	3 beds \| 3 baths \| 1,859 sq.ft.	$430,000	Airbnb cash on cash: -1.16% Traditional cash on cash: 5.86% Airbnb Rental Income: $349 Traditional Rental Income: $2928 Airbnb ROI: -1.16% Traditional ROI: 5.86%
55 Private Drive 1138 Espanola, NM LOCATION, LOCATION, LOCATION! Charming Northern New Mexico style home located in the desir...	3 beds \| 2 baths \| 2,180 sq.ft.	$515,000	Airbnb cash on cash: -1.26% Traditional cash on cash: 4.04% Airbnb Rental Income: $349 Traditional Rental Income: $2654 Airbnb ROI: -1.26% Traditional ROI: 4.04%
1130 NM 76 Espanola, NM Rare opportunity in the heart of Santa Cruz-this private, tree-lined property offers the s...	2 beds \| 1 baths \| 1,157 sq.ft.	$345,000	Airbnb cash on cash: 2.23% Traditional cash on cash: 4.28% Airbnb Rental Income: $1719 Traditional Rental Income: $1908 Airbnb ROI: 2.23% Traditional ROI: 4.28%
1805 Desert Vista Drive Espanola, NM ATTENTION BUYERS: SELLERS OFFERING $5,000.00 TOWARDS BUYERS CLOSING COSTS! Thoughtfully up...	3 beds \| 2 baths \| 2,107 sq.ft.	$449,000	Airbnb cash on cash: -1.77% Traditional cash on cash: 3.87% Airbnb Rental Income: $349 Traditional Rental Income: $2474 Airbnb ROI: -1.77% Traditional ROI: 3.87%
1011 Calle Sierra Vista Espanola, NM This exceptional Pueblo-style home, located in a well-established westside Espanola subdiv...	3 beds \| 1 baths \| 1,824 sq.ft.	$385,000	Airbnb cash on cash: -1.23% Traditional cash on cash: 4.23% Airbnb Rental Income: $349 Traditional Rental Income: $2071 Airbnb ROI: -1.23% Traditional ROI: 4.23%
903 Calle Jose de La Cruz Espanola, NM Welcome to this charming home in Espanola, offering comfort, functionality, and a convenie...	4 beds \| 1 baths \| 1,511 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.56% Airbnb Rental Income: $null Traditional Rental Income: $2258 Airbnb ROI: N/A Traditional ROI: 6.56%
11 Walnut Espanola, NM Well-maintained and move-in ready, this modular home offers space, flexibility, and value ...	4 beds \| 3 baths \| 2,685 sq.ft.	$464,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.83% Airbnb Rental Income: $null Traditional Rental Income: $2799 Airbnb ROI: N/A Traditional ROI: 4.83%
1713 Star Ln Espanola, NM Conveniently located in the heart of Espanola, this fully remodeled manufactured home is r...	3 beds \| 2 baths \| 1,404 sq.ft.	$350,000	Airbnb cash on cash: -1.77% Traditional cash on cash: 4.5% Airbnb Rental Income: $349 Traditional Rental Income: $2161 Airbnb ROI: -1.77% Traditional ROI: 4.5%
605 Chamisa W Espanola, NM An exceptional value opportunity, thoughtfully priced below appraised value to encourage i...	3 beds \| 2 baths \| 1,141 sq.ft.	$250,000	Airbnb cash on cash: -1.76% Traditional cash on cash: 6.73% Airbnb Rental Income: $349 Traditional Rental Income: $2106 Airbnb ROI: -1.76% Traditional ROI: 6.73%
157 County Rd 119 Espanola, NM Located in La Mesilla, a small rural community in Northern New Mexico known for its peacef...	3 beds \| 3 baths \| 1,866 sq.ft.	$649,000	Airbnb cash on cash: -1.61% Traditional cash on cash: 2.66% Airbnb Rental Income: $349 Traditional Rental Income: $2689 Airbnb ROI: -1.61% Traditional ROI: 2.66%
75 Private Drive 1138 Espanola, NM This one-of-a-kind Northern New Mexico home blends timeless character with thoughtful mode...	3 beds \| 2 baths \| 1,956 sq.ft.	$450,000	Airbnb cash on cash: -1.39% Traditional cash on cash: 4.64% Airbnb Rental Income: $349 Traditional Rental Income: $2640 Airbnb ROI: -1.39% Traditional ROI: 4.64%
43B Boneyard Espanola, NM Nestled in the enchanting landscape just south of Espanola, this Southwestern-style gem in...	2 beds \| 1 baths \| 1,461 sq.ft.	$275,000	Airbnb cash on cash: 3.04% Traditional cash on cash: 4.82% Airbnb Rental Income: $1719 Traditional Rental Income: $1704 Airbnb ROI: 3.04% Traditional ROI: 4.82%
30 Sueno De Vigil Espanola, NM Come experience the charm of this two-bedroom, one-bath home just outside of Espanola, wit...	2 beds \| 1 baths \| 1,060 sq.ft.	$295,000	Airbnb cash on cash: 2.79% Traditional cash on cash: 4.69% Airbnb Rental Income: $1719 Traditional Rental Income: $1771 Airbnb ROI: 2.79% Traditional ROI: 4.69%
21 Private Drive 1333 Espanola, NM What an opportunity! Discover the potential of this spacious 4,100+ sq. ft. home situated ...	3 beds \| 3 baths \| 4,170 sq.ft.	$369,000	Airbnb cash on cash: -1.45% Traditional cash on cash: 6.88% Airbnb Rental Income: $349 Traditional Rental Income: $2986 Airbnb ROI: -1.45% Traditional ROI: 6.88%

Real Estate investment in Espanola, NM

There are 43 properties for sale in the city of Espanola . The median list price in Espanola is $364,500 and the average price per square foot is $166. In June 2026, the average monthly cash on cash return in Espanola is 5.00%. The average monthly rental income in Espanola is $2,258.

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

There are 43 investment properties available for sale in Espanola.

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

The ROI for Long-Term is higher than the Short-Term in Espanola with average rental income of $2,258.

Your search for investment property begins and ends here

Investment Property for Sale in Espanola, NM

314 Calle Lucia

Espanola, NM

4 beds | 2 baths | 1,879 sq.ft.

$517,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.17%

Airbnb Rental Income: $null

Traditional Rental Income: $2493

Airbnb ROI: N/A

Traditional ROI: 3.17%

77 County Road 5

Espanola, NM

2 beds | 2 baths | 1,984 sq.ft.

$435,000

Airbnb cash on cash: 1.57%

Traditional cash on cash: 4.34%

Airbnb Rental Income: $1719

Traditional Rental Income: $2374

Airbnb ROI: 1.57%

Traditional ROI: 4.34%

526 Camino Arbolera

Espanola, NM

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

$344,000

Airbnb cash on cash: -1.27%

Traditional cash on cash: 6%

Airbnb Rental Income: $349

Traditional Rental Income: $2451

Airbnb ROI: -1.27%

Traditional ROI: 6%

1004 Nm 76

Espanola, NM

10 beds | N/A baths | 5,338 sq.ft.

$1,023,993

Airbnb cash on cash: N/A

Traditional cash on cash: 0.82%

Airbnb Rental Income: $null

Traditional Rental Income: $2097

Airbnb ROI: N/A

Traditional ROI: 0.82%

305 A&B Camino Del Sol

Espanola, NM

4 beds | 3 baths | 3,564 sq.ft.

$632,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.44%

Airbnb Rental Income: $null

Traditional Rental Income: $3458

Airbnb ROI: N/A

Traditional ROI: 4.44%

604 W Sanchez Street

Espanola, NM

1 beds | 2 baths | 1,011 sq.ft.

$160,000

Airbnb cash on cash: 0.71%

Traditional cash on cash: 9.3%

Airbnb Rental Income: $727

Traditional Rental Income: $1729

Airbnb ROI: 0.71%

Traditional ROI: 9.3%

604 W Sanchez St

Espanola, NM

1 beds | 2 baths | 1,011 sq.ft.

$160,000

Airbnb cash on cash: 0.32%

Traditional cash on cash: 6.07%

Airbnb Rental Income: $727

Traditional Rental Income: $1295

Airbnb ROI: 0.32%

Traditional ROI: 6.07%

1814 State Rd 76

Espanola, NM

N/A beds | N/A baths | N/A

$315,000

Airbnb cash on cash: -0.91%

Traditional cash on cash: 0.69%

Airbnb Rental Income: $652

Traditional Rental Income: $830

Airbnb ROI: -0.91%