Real Estate Investment Properties for Sale in Penasco, NM

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

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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
42 Roybal Road Penasco, NM This cherished Territorial-style adobe home rests on a peaceful 1-acre parcel in the heart...	3 beds \| 2 baths \| 1,947 sq.ft.	$485,000	Airbnb cash on cash: -0.11% Traditional cash on cash: 3.56% Airbnb Rental Income: $1140 Traditional Rental Income: $2426 Airbnb ROI: -0.11% Traditional ROI: 3.56%
14197 State Road 75 Penasco, NM Magical Multifamily & Commercial Front Property in PeÃ±asco ~ 14197 NM-150 isn't just a ho...	4 beds \| 3 baths \| 3,400 sq.ft.	$525,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.21% Airbnb Rental Income: $null Traditional Rental Income: $3168 Airbnb ROI: N/A Traditional ROI: 5.21%
Investment Properties for Sale in Other Cities of New-mexico
172 Vaquero Road Santa Fe , NM Incredible, rare, and versatile live/work opportunity off HWY 285. Situated on 11.07 acres...	4 beds \| 8 baths \| 9,020 sq.ft.	$2,800,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.86% Airbnb Rental Income: $null Traditional Rental Income: $9051 Airbnb ROI: N/A Traditional ROI: 1.86%
2133 VALENCIA Drive NE Albuquerque , NM This centrally located property is ready for a new owner to update it to their liking. Spa...	3 beds \| 1 baths \| 1,031 sq.ft.	$219,900	Airbnb cash on cash: 2.35% Traditional cash on cash: 5.85% Airbnb Rental Income: $1363 Traditional Rental Income: $1676 Airbnb ROI: 2.35% Traditional ROI: 5.85%
13619 N Rim Road NE Albuquerque , NM Step into this inviting 3-bedroom, 2-bath home where comfort meets style. The great room w...	3 beds \| 2 baths \| 1,568 sq.ft.	$415,000	Airbnb cash on cash: -0.31% Traditional cash on cash: 3.01% Airbnb Rental Income: $1109 Traditional Rental Income: $2026 Airbnb ROI: -0.31% Traditional ROI: 3.01%
98 EDGEWOOD 7 Edgewood , NM Newly Reduced! Set on 5.5 scenic acres of wooded hillside, this Southwest-style home offer...	3 beds \| 2 baths \| 2,700 sq.ft.	$610,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.27% Airbnb Rental Income: $null Traditional Rental Income: $2366 Airbnb ROI: N/A Traditional ROI: 2.27%
1009 C De Baca Lane Bernalillo , NM 'Casa con La Vista'' House with the View! This Exquisite custom home with stunning views s...	4 beds \| 4 baths \| 3,143 sq.ft.	$699,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.42% Airbnb Rental Income: $null Traditional Rental Income: $3396 Airbnb ROI: N/A Traditional ROI: 3.42%
2508 MESA LINDA Drive NE Albuquerque , NM 1,990 sq ft of of HECK YEAH in the NE Heights blends smart living with high style. Full so...	3 beds \| 2 baths \| 1,990 sq.ft.	$365,000	Airbnb cash on cash: 2.64% Traditional cash on cash: 4.59% Airbnb Rental Income: $2098 Traditional Rental Income: $2227 Airbnb ROI: 2.64% Traditional ROI: 4.59%
4700 QUAKER HEIGHTS Place NW Albuquerque , NM Priced below appraisal for fast sale! Exceptional .75-acre horse-zoned estate with Sandia ...	4 beds \| 4 baths \| 3,791 sq.ft.	$850,000	Airbnb cash on cash: 0.46% Traditional cash on cash: 2.95% Airbnb Rental Income: $2374 Traditional Rental Income: $3756 Airbnb ROI: 0.46% Traditional ROI: 2.95%
1165 Cave Springs Trail Las Cruces , NM Located in the heart of Sonoma Ranch, this well-maintained home offers approximately 1,802...	3 beds \| 2 baths \| 1,802 sq.ft.	$369,000	Airbnb cash on cash: 0.97% Traditional cash on cash: 3.81% Airbnb Rental Income: $1500 Traditional Rental Income: $2048 Airbnb ROI: 0.97% Traditional ROI: 3.81%
3010 Plaza Blanca Santa Fe , NM Tucked at the end of a peaceful cul-de-sac in Santa Fe's highly sought-after Park Plazas n...	3 beds \| 3 baths \| 2,284 sq.ft.	$675,000	Airbnb cash on cash: -0.08% Traditional cash on cash: 2.26% Airbnb Rental Income: $1571 Traditional Rental Income: $2598 Airbnb ROI: -0.08% Traditional ROI: 2.26%
11 W Avenida Sebastian Santa Fe , NM Looking for exceptional living in Santa Fe? Then look no further! This home offers not onl...	3 beds \| 3 baths \| 2,392 sq.ft.	$925,000	Airbnb cash on cash: -1.16% Traditional cash on cash: 0.58% Airbnb Rental Income: $1571 Traditional Rental Income: $2620 Airbnb ROI: -1.16% Traditional ROI: 0.58%
2866 Pueblo Jacona Santa Fe , NM Welcome to 2866 Pueblo Jacona, a move-in ready gem tucked into one of Santa Fe's most belo...	3 beds \| 2 baths \| 1,440 sq.ft.	$510,000	Airbnb cash on cash: 0.68% Traditional cash on cash: 2.7% Airbnb Rental Income: $1571 Traditional Rental Income: $2082 Airbnb ROI: 0.68% Traditional ROI: 2.7%
3680 Santa Cecilia Avenue Las Cruces , NM Stunning Industrial-Style Home in great Condition! Pride of ownership shines throughout t...	3 beds \| 2 baths \| 1,596 sq.ft.	$355,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.25% Airbnb Rental Income: $null Traditional Rental Income: $2109 Airbnb ROI: N/A Traditional ROI: 4.25%
832 Dunlap Street unit: A #A Santa Fe , NM Rarely does a condo in the gated Assisi Compound become available. The Compound is beautif...	1 beds \| 1 baths \| 822 sq.ft.	$525,000	Airbnb cash on cash: 0.12% Traditional cash on cash: 0.94% Airbnb Rental Income: $1554 Traditional Rental Income: $1509 Airbnb ROI: 0.12% Traditional ROI: 0.94%
4441 KELLIA Lane NE Albuquerque , NM Tucked in the tranquil Shadow Hills community, this fully remodeled 3-bed, 2-bath home is ...	3 beds \| 2 baths \| 1,808 sq.ft.	$425,000	Airbnb cash on cash: 0.47% Traditional cash on cash: 3.44% Airbnb Rental Income: $1699 Traditional Rental Income: $2408 Airbnb ROI: 0.47% Traditional ROI: 3.44%

Real Estate investment in Penasco, NM

There are 2 properties for sale in the city of Penasco . The median list price in Penasco is $485,000 and the average price per square foot is $181. In September 2025, the average monthly cash on cash return in Penasco is 5.00%. The average monthly rental income in Penasco is $2,426.

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

There are 2 investment properties available for sale in Penasco.

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

The ROI for Short-Term is higher than the Long-Term in Penasco with average rental income of $1,140.

Your search for investment property begins and ends here

Investment Property for Sale in Penasco, NM

42 Roybal Road

Penasco, NM

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

$485,000

Airbnb cash on cash: -0.11%

Traditional cash on cash: 3.56%

Airbnb Rental Income: $1140

Traditional Rental Income: $2426

Airbnb ROI: -0.11%

Traditional ROI: 3.56%

14197 State Road 75

Penasco, NM

4 beds | 3 baths | 3,400 sq.ft.

$525,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.21%

Airbnb Rental Income: $null

Traditional Rental Income: $3168

Airbnb ROI: N/A

Traditional ROI: 5.21%

Investment Properties for Sale in Other Cities of New-mexico

Santa Fe , NM

4 beds | 8 baths | 9,020 sq.ft.

$2,800,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.86%

Airbnb Rental Income: $null

Traditional Rental Income: $9051

Airbnb ROI: N/A

Traditional ROI: 1.86%

Albuquerque , NM

3 beds | 1 baths | 1,031 sq.ft.

$219,900

Airbnb cash on cash: 2.35%

Traditional cash on cash: 5.85%

Airbnb Rental Income: $1363

Traditional Rental Income: $1676

Airbnb ROI: 2.35%

Traditional ROI: 5.85%

Albuquerque , NM

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

$415,000

Airbnb cash on cash: -0.31%

Traditional cash on cash: 3.01%

Airbnb Rental Income: $1109

Traditional Rental Income: $2026

Airbnb ROI: -0.31%

Traditional ROI: 3.01%

Edgewood , NM

3 beds | 2 baths | 2,700 sq.ft.

$610,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.27%

Airbnb Rental Income: $null

Traditional Rental Income: $2366

Airbnb ROI: N/A

Traditional ROI: 2.27%

Bernalillo , NM

4 beds | 4 baths | 3,143 sq.ft.

$699,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.42%

Airbnb Rental Income: $null

Traditional Rental Income: $3396

Airbnb ROI: N/A

Traditional ROI: 3.42%

Albuquerque , NM

3 beds | 2 baths | 1,990 sq.ft.

$365,000

Airbnb cash on cash: 2.64%

Traditional cash on cash: 4.59%

Airbnb Rental Income: $2098

Traditional Rental Income: $2227

Airbnb ROI: 2.64%

Traditional ROI: 4.59%

Albuquerque , NM

4 beds | 4 baths | 3,791 sq.ft.

$850,000

Airbnb cash on cash: 0.46%