High Rental Yield Investment Properties for Sale in Alamogordo, NM

Listed for sale 1 day ago
$ 197,500
ROI
26.9
Cash Flow/m
395- 2 Bed
- 1 Bath
- 1848 sft
1606 Indiana Ave, Alamogordo, NM, 88310

Listed for sale 3 days ago
$ 289,500
ROI
22.8
Cash Flow/m
243- 3 Bed
- 3 Bath
- 2792 sft
19 Glenn Ave, Alamogordo, NM, 88310

Listed for sale 3 days ago
$ 185,000
ROI
33.6
Cash Flow/m
714- 3 Bed
- 2 Bath
- 1046 sft
3421 Fayne Ln, Alamogordo, NM, 88310

Listed for sale 3 days ago
$ 120,000
ROI
26.1
Cash Flow/m
211- 3 Bed
- 1 Bath
- 1256 sft
903 Catalina Ln, Alamogordo, NM, 88310
Why Invest in Alamogordo, New Mexico?
Alamogordo, NM offers **high rental yield** opportunities for investors seeking steady cash flow in a stable market. With renter-occupied rates around 41%, demand supports strong returns[1]. Average rents near $1,200 monthly pair with affordable property values for cap rates of 8-10%. Annual appreciation of 3-5% adds long-term value[1][8]. Military presence at Holloman AFB drives consistent occupancy. Vacancy at 14% signals room for professional management to boost yields.
9.5%
Avg. ROI
9.2%
Rental Yield
8.7%
Cap Rate
$450/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4.2%
1Y Appreciation
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