Real Estate Investment Properties for Sale in New Mexico

Looking for investment property in New Mexico with high ROI ?

Explore a variety of short-term homes & houses in New Mexico. Invest wisely with VRBO & New Mexico 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 New Mexico

Q: Which city in New-mexico to invest in for highest ROI on long term rental properties in 2025

In 2025, Las Vegasis the best city to buy investment properties. Find more investment properties today!

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
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.	$2,700,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.96% Airbnb Rental Income: $null Traditional Rental Income: $9051 Airbnb ROI: N/A Traditional ROI: 1.96%
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: 0.35% Traditional cash on cash: 4.59% Airbnb Rental Income: $1158 Traditional Rental Income: $2227 Airbnb ROI: 0.35% Traditional ROI: 4.59%
1291 Vista Del Monte Las Cruces, NM This iconic las Cruces home was built on a hilltop in order to secure the perfect unobstru...	3 beds \| 2 baths \| 2,462 sq.ft.	$495,000	Airbnb cash on cash: 0.62% Traditional cash on cash: 3.54% Airbnb Rental Income: $1682 Traditional Rental Income: $2565 Airbnb ROI: 0.62% Traditional ROI: 3.54%
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: -0.4% Traditional cash on cash: 3.44% Airbnb Rental Income: $1283 Traditional Rental Income: $2408 Airbnb ROI: -0.4% Traditional ROI: 3.44%
801 Calle David Santa Fe, NM Private Santa Fe Retreat: Main House & Casita on a secluded 0.84 acre lot makes 801 Calle ...	4 beds \| 3 baths \| 3,399 sq.ft.	$1,195,000	Airbnb cash on cash: 1.11% Traditional cash on cash: 1.16% Airbnb Rental Income: $3808 Traditional Rental Income: $3039 Airbnb ROI: 1.11% Traditional ROI: 1.16%
5345 Revi Don Drive NE Albuquerque, NM Welcome to 5345 Revi Don Dr NE!Nestled in the heart of the Northeast Heights, this charmin...	4 beds \| 2 baths \| 2,184 sq.ft.	$542,000	Airbnb cash on cash: 0.09% Traditional cash on cash: 2.81% Airbnb Rental Income: $1441 Traditional Rental Income: $2391 Airbnb ROI: 0.09% Traditional ROI: 2.81%
1520 ELFEGO BACA Drive SW Albuquerque, NM	4 beds \| 3 baths \| 2,603 sq.ft.	$470,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.33% Airbnb Rental Income: $null Traditional Rental Income: $2860 Airbnb ROI: N/A Traditional ROI: 4.33%
941 Calle Mejia unit: 618 #618 Santa Fe, NM A wonderful second floor condo at The Reserve. The home has been well maintained with stai...	1 beds \| 1 baths \| 582 sq.ft.	$230,000	Airbnb cash on cash: -0.06% Traditional cash on cash: 1.89% Airbnb Rental Income: $1053 Traditional Rental Income: $1113 Airbnb ROI: -0.06% Traditional ROI: 1.89%
1910 San Fernando Drive Las Cruces, NM In the heart of Sonoma Ranch, this inviting 3-bed, 2-bath home blends comfort, style, and ...	3 beds \| 2 baths \| 2,032 sq.ft.	$399,000	Airbnb cash on cash: 1.45% Traditional cash on cash: 3.43% Airbnb Rental Income: $1807 Traditional Rental Income: $2060 Airbnb ROI: 1.45% Traditional ROI: 3.43%
1601 Pennsylvania Street NE unit: S-02 #S-02 Albuquerque, NM Updated Condo overlooking the pool! 7%-9% Potential CAP Rate Ideal investment in a coveted...	1 beds \| 1 baths \| 670 sq.ft.	$139,000	Airbnb cash on cash: -3.11% Traditional cash on cash: 1.95% Airbnb Rental Income: $701 Traditional Rental Income: $1070 Airbnb ROI: -3.11% Traditional ROI: 1.95%
7000 Camino Rojo Santa Fe, NM Great custom built home by Sage Builders - Rosa model. Corner lot gives you a larger yard ...	3 beds \| 2 baths \| 1,619 sq.ft.	$515,000	Airbnb cash on cash: -0.1% Traditional cash on cash: 3.24% Airbnb Rental Income: $1166 Traditional Rental Income: $2389 Airbnb ROI: -0.1% Traditional ROI: 3.24%
10 Avenida Hermosa Santa Fe, NM High desert permaculture oasis! 3-bedroom, 2-bath, 3066 square foot home, with large bonus...	3 beds \| 2 baths \| 3,066 sq.ft.	$1,000,000	Airbnb cash on cash: -0.41% Traditional cash on cash: 1.69% Airbnb Rental Income: $1206 Traditional Rental Income: $2776 Airbnb ROI: -0.41% Traditional ROI: 1.69%
4016 Tara Drive NE Albuquerque, NM Welcome to this beautifully renovated home in a great NE Heights location. Updates includ...	4 beds \| 2 baths \| 1,883 sq.ft.	$465,000	Airbnb cash on cash: -0.38% Traditional cash on cash: 3.37% Airbnb Rental Income: $1049 Traditional Rental Income: $2318 Airbnb ROI: -0.38% Traditional ROI: 3.37%
5705 Piedra Road NW Albuquerque, NM This updated Paradise West gem blends timeless charm with fresh upgrades. Featuring 4 bedr...	4 beds \| 2 baths \| 2,025 sq.ft.	$385,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 4.71% Airbnb Rental Income: $687 Traditional Rental Income: $2346 Airbnb ROI: -0.72% Traditional ROI: 4.71%
3867 MONTGOMERY Boulevard NE #1633 Albuquerque, NM This charming top-floor condo offers privacy, peace, and stunning mountain views! Located ...	1 beds \| 1 baths \| 818 sq.ft.	$115,000	Airbnb cash on cash: 0.72% Traditional cash on cash: 3.96% Airbnb Rental Income: $1093 Traditional Rental Income: $1081 Airbnb ROI: 0.72% Traditional ROI: 3.96%
2408 ALPINE Road SW Albuquerque, NM Charming 3-bedroom, 2-bath home in Albuquerque's South Valley featuring beautiful wood flo...	3 beds \| 2 baths \| 1,491 sq.ft.	$280,000	Airbnb cash on cash: -0.15% Traditional cash on cash: 5.59% Airbnb Rental Income: $850 Traditional Rental Income: $2035 Airbnb ROI: -0.15% Traditional ROI: 5.59%
7717 Sandlewood Drive NW Albuquerque, NM Welcome to your beautifully updated home in Laurelwood! This clean 4-bedroom home is truly...	3 beds \| 3 baths \| 1,662 sq.ft.	$299,797	Airbnb cash on cash: 0.63% Traditional cash on cash: 5.55% Airbnb Rental Income: $1150 Traditional Rental Income: $2159 Airbnb ROI: 0.63% Traditional ROI: 5.55%
6322 LAMY Street NW Albuquerque, NM Discover this stunning home located in the highly sought-after Northwest Heights! This cha...	3 beds \| 2 baths \| 1,487 sq.ft.	$325,000	Airbnb cash on cash: 0.54% Traditional cash on cash: 4.63% Airbnb Rental Income: $1187 Traditional Rental Income: $2050 Airbnb ROI: 0.54% Traditional ROI: 4.63%
1523 CONCHAS Street NE Albuquerque, NM Large corner lot adjacent to a Vista Verde Park and terrific mountain views, 3 Bedroom, ...	3 beds \| 1 baths \| 1,296 sq.ft.	$269,000	Airbnb cash on cash: 1.23% Traditional cash on cash: 4.6% Airbnb Rental Income: $1250 Traditional Rental Income: $1709 Airbnb ROI: 1.23% Traditional ROI: 4.6%
3 WILDCAT Court Tijeras, NM Nature Point Beauty! Featured on''Find My Country House'' (Ssn 2, Ep 4). Custom-Built Home...	4 beds \| 3 baths \| 2,728 sq.ft.	$679,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.75% Airbnb Rental Income: $null Traditional Rental Income: $2664 Airbnb ROI: N/A Traditional ROI: 1.75%
4917 COLLEGE HEIGHTS Drive NW Albuquerque, NM Taylor Ranch community, this beautiful home welcomes you through the courtyard and a thoug...	3 beds \| 2 baths \| 2,030 sq.ft.	$428,000	Airbnb cash on cash: -0.45% Traditional cash on cash: 3.16% Airbnb Rental Income: $1187 Traditional Rental Income: $2247 Airbnb ROI: -0.45% Traditional ROI: 3.16%
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.	$525,000	Airbnb cash on cash: -0.55% Traditional cash on cash: 3.66% Airbnb Rental Income: $1074 Traditional Rental Income: $2771 Airbnb ROI: -0.55% Traditional ROI: 3.66%
1624 SUNSHINE Terrace SE Albuquerque, NM Just a short walk to UNM Athletics, the Pit, Isotopes Park, and great local restaurants, t...	4 beds \| 3 baths \| 2,167 sq.ft.	$335,000	Airbnb cash on cash: 0.72% Traditional cash on cash: 5.76% Airbnb Rental Income: $1342 Traditional Rental Income: $2514 Airbnb ROI: 0.72% Traditional ROI: 5.76%
154 Gallina Canyon Road Valdez, NM 154 Gallina Canyon Road is a unique property situated within the Sangre de Cristo Mountain...	3 beds \| 3 baths \| 2,475 sq.ft.	$1,050,000	Airbnb cash on cash: -0.41% Traditional cash on cash: 1.04% Airbnb Rental Income: $1962 Traditional Rental Income: $2867 Airbnb ROI: -0.41% Traditional ROI: 1.04%
6 CAMINO DEL OJITO Placitas, NM Nestled against the Sandia Mountains providing privacy & seclusion on more than 3 acres at...	3 beds \| 2 baths \| 2,116 sq.ft.	$565,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.7% Airbnb Rental Income: $null Traditional Rental Income: $2239 Airbnb ROI: N/A Traditional ROI: 2.7%
3205 Risner Street Las Cruces, NM This home is unique. With curved walls and roof top windows this home shows how different ...	3 beds \| 2 baths \| 1,686 sq.ft.	$250,000	Airbnb cash on cash: 3.39% Traditional cash on cash: 5.82% Airbnb Rental Income: $1807 Traditional Rental Income: $1891 Airbnb ROI: 3.39% Traditional ROI: 5.82%
5603 LEE Lane Farmington, NM Beautifully Updated 4-Bed, 3-Bath Tri-Level Home with Walk-Out Basement. This beautifully ...	4 beds \| 3 baths \| 2,346 sq.ft.	$469,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 5.14% Airbnb Rental Income: $1805 Traditional Rental Income: $2906 Airbnb ROI: 1.52% Traditional ROI: 5.14%
1266 SNOWFLAKE Court SE Rio Rancho, NM VIEWS, VIEWS, VIEWS!! If you ever dreamed of owning a house with views, look no further. ...	4 beds \| 3 baths \| 2,270 sq.ft.	$375,000	Airbnb cash on cash: 1.46% Traditional cash on cash: 5.6% Airbnb Rental Income: $1632 Traditional Rental Income: $2628 Airbnb ROI: 1.46% Traditional ROI: 5.6%
1632 Cliffside Drive NW Albuquerque, NM Experience the best 180 panoramic views in Albuquerque from this beautifully remodeled cus...	3 beds \| 3 baths \| 2,702 sq.ft.	$565,000	Airbnb cash on cash: -1.03% Traditional cash on cash: 2.84% Airbnb Rental Income: $819 Traditional Rental Income: $2538 Airbnb ROI: -1.03% Traditional ROI: 2.84%
5333 Roanoke Avenue NW Albuquerque, NM Spacious and inviting, this home offers comfort and functionality throughout. The large li...	3 beds \| 2 baths \| 1,788 sq.ft.	$300,000	Airbnb cash on cash: 1.51% Traditional cash on cash: 5.66% Airbnb Rental Income: $1558 Traditional Rental Income: $2284 Airbnb ROI: 1.51% Traditional ROI: 5.66%
1405 VEGAS VERDES unit: 205 #205 Santa Fe, NM Welcome to Unit 205 at 1405 Vegas Verdes Drive, a beautifully maintained 1-bedroom, 1 1/2-...	1 beds \| 2 baths \| 876 sq.ft.	$315,000	Airbnb cash on cash: -0.1% Traditional cash on cash: 3.54% Airbnb Rental Income: $1484 Traditional Rental Income: $2127 Airbnb ROI: -0.1% Traditional ROI: 3.54%
5 La Aguapa Sandia Park, NM Welcome to 5 La Aguapa, Sandia Park, NM Experience luxury rural living in San Pedro Creek ...	4 beds \| 4 baths \| 4,118 sq.ft.	$825,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.86% Airbnb Rental Income: $null Traditional Rental Income: $3744 Airbnb ROI: N/A Traditional ROI: 2.86%
1097 Willow Way Santa Fe, NM Welcome to 1097 Willow Way, a spacious and well-loved 3-bedroom, 2-bath home with a versat...	3 beds \| 2 baths \| 1,656 sq.ft.	$385,000	Airbnb cash on cash: 0.1% Traditional cash on cash: 4.32% Airbnb Rental Income: $1166 Traditional Rental Income: $2307 Airbnb ROI: 0.1% Traditional ROI: 4.32%
1405 Vegas Verdes unit: 127 #127 Santa Fe, NM Ground Floor Gem Next to the Pool in Alameda Condos! Welcome to Santa Fe living at its fin...	2 beds \| 2 baths \| 1,275 sq.ft.	$378,000	Airbnb cash on cash: -1.5% Traditional cash on cash: 2.8% Airbnb Rental Income: $1360 Traditional Rental Income: $2468 Airbnb ROI: -1.5% Traditional ROI: 2.8%
166 Frontage Rd 2116 Rowe, NM Nestled in serene Rowe area, this delightful energy-efficient home offers a rare opportuni...	2 beds \| 2 baths \| 1,468 sq.ft.	$295,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.45% Airbnb Rental Income: $null Traditional Rental Income: $2237 Airbnb ROI: N/A Traditional ROI: 6.45%
112 TIMOR Road SE Rio Rancho, NM Great Turn Key house. Possible funding available for credit score 640 or higher. Tin roo...	2 beds \| 2 baths \| 1,336 sq.ft.	$295,000	Airbnb cash on cash: 2.47% Traditional cash on cash: 5.03% Airbnb Rental Income: $1704 Traditional Rental Income: $1942 Airbnb ROI: 2.47% Traditional ROI: 5.03%
3305 EMBUDITO Drive NE Albuquerque, NM Luxury meets Southwest charm! This beautifully updated 4-bed, 2-bath home features breatht...	4 beds \| 2 baths \| 2,535 sq.ft.	$679,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 2.19% Airbnb Rental Income: $1680 Traditional Rental Income: $2592 Airbnb ROI: 0.01% Traditional ROI: 2.19%
1985 Stanton Avenue Las Cruces, NM Step into this beautifully refreshed home featuring 3 bedrooms and 1.5 bathrooms, updated ...	3 beds \| 1 baths \| 1,051 sq.ft.	$225,000	Airbnb cash on cash: 3.95% Traditional cash on cash: 3.82% Airbnb Rental Income: $1807 Traditional Rental Income: $1288 Airbnb ROI: 3.95% Traditional ROI: 3.82%
4211 STOWE Road NW Albuquerque, NM Huge Price Drop! Don't miss this fantastic opportunity to own this home with gorgeous view...	4 beds \| 2 baths \| 2,364 sq.ft.	$400,000	Airbnb cash on cash: 0.03% Traditional cash on cash: 4.38% Airbnb Rental Income: $1309 Traditional Rental Income: $2533 Airbnb ROI: 0.03% Traditional ROI: 4.38%
11 KOONTZ Road Corrales, NM Introducing a rare opportunity to own a truly exceptional estate on 2 pristine acres at th...	4 beds \| 4 baths \| 6,339 sq.ft.	$1,990,000	Airbnb cash on cash: -1.2% Traditional cash on cash: 0.94% Airbnb Rental Income: $1264 Traditional Rental Income: $4808 Airbnb ROI: -1.2% Traditional ROI: 0.94%

Real Estate investment in New Mexico

There are 5,523 properties available for sale in the state of New Mexico. Las Vegas, Los Lunas and Farmington are the best rental property markets in New Mexico. The average median price of properties for sale in these cities are $312,133 and the average price per square foot is $0. Their average monthly cash on cash return is 5.33%.

New-mexico Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 5,523 investment properties available for sale in New-mexico.

In 2025, Las Vegas is the best city to buy investment properties. Find more investment properties today!

In 2025, Las Vegas (6%) and Los Lunas (5%) has the highest cash on cash return for long term rentals in New-mexico.

Your search for investment property begins and ends here

Investment Property for Sale in New Mexico

172 Vaquero Road

Santa Fe, NM

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

$2,700,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.96%

Airbnb Rental Income: $null

Traditional Rental Income: $9051

Airbnb ROI: N/A

Traditional ROI: 1.96%

2508 MESA LINDA Drive NE

Albuquerque, NM

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

$365,000

Airbnb cash on cash: 0.35%

Traditional cash on cash: 4.59%

Airbnb Rental Income: $1158

Traditional Rental Income: $2227

Airbnb ROI: 0.35%

Traditional ROI: 4.59%

1291 Vista Del Monte

Las Cruces, NM

3 beds | 2 baths | 2,462 sq.ft.

$495,000

Airbnb cash on cash: 0.62%

Traditional cash on cash: 3.54%

Airbnb Rental Income: $1682

Traditional Rental Income: $2565

Airbnb ROI: 0.62%

Traditional ROI: 3.54%

4441 KELLIA Lane NE

Albuquerque, NM

3 beds | 2 baths | 1,808 sq.ft.

$425,000

Airbnb cash on cash: -0.4%

Traditional cash on cash: 3.44%

Airbnb Rental Income: $1283

Traditional Rental Income: $2408

Airbnb ROI: -0.4%

Traditional ROI: 3.44%

801 Calle David

Santa Fe, NM

4 beds | 3 baths | 3,399 sq.ft.

$1,195,000

Airbnb cash on cash: 1.11%

Traditional cash on cash: 1.16%

Airbnb Rental Income: $3808

Traditional Rental Income: $3039

Airbnb ROI: 1.11%

Traditional ROI: 1.16%

5345 Revi Don Drive NE

Albuquerque, NM

4 beds | 2 baths | 2,184 sq.ft.

$542,000

Airbnb cash on cash: 0.09%

Traditional cash on cash: 2.81%

Airbnb Rental Income: $1441

Traditional Rental Income: $2391

Airbnb ROI: 0.09%

Traditional ROI: 2.81%

1520 ELFEGO BACA Drive SW

Albuquerque, NM

4 beds | 3 baths | 2,603 sq.ft.

$470,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.33%

Airbnb Rental Income: $null

Traditional Rental Income: $2860

Airbnb ROI: N/A

Traditional ROI: 4.33%

941 Calle Mejia unit: 618 #618

Santa Fe, NM

1 beds | 1 baths | 582 sq.ft.

$230,000

Airbnb cash on cash: -0.06%

Traditional cash on cash: 1.89%

Airbnb Rental Income: $1053

Traditional Rental Income: $1113

Airbnb ROI: -0.06%