Under $300K Investment Properties for Sale in Alamogordo, NM
Listed for sale today
$ 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
22.8Cash Flow/m
243- 3 Bed
- 3 Bath
- 2792 sft
19 Glenn Ave, Alamogordo, NM, 88310
Listed for sale 3 days ago
$ 185,000
ROI
33.6Cash Flow/m
714- 3 Bed
- 2 Bath
- 1046 sft
3421 Fayne Ln, Alamogordo, NM, 88310
Listed for sale 3 days ago
$ 120,000
ROI
26.1Cash Flow/m
211- 3 Bed
- 1 Bath
- 1256 sft
903 Catalina Ln, Alamogordo, NM, 88310
Why Invest in Alamogordo, New Mexico?
Discover investment properties under $300k in Alamogordo, NM, offering affordable entry into a stable rental market. Proximity to Holloman AFB drives consistent demand from military personnel. Average rental yields around 7-8% with cap rates of 6-7% make these properties attractive. Annual appreciation of 3-4% and 35% renter occupancy support long-term cash flow. Low entry costs allow for portfolio diversification in this growing area.
8.5%
Avg. ROI
7.8%
Rental Yield
6.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
Affordable entry prices combined with military-driven rental demand yield 7-8% returns. Stable cap rates and low vacancy support cash flow. Appreciation from tourism and base activity adds long-term value.
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