Short-Term Rental Properties in Albuquerque, NM | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Short Term Rental Investment Properties for Sale in Albuquerque, NM

Why Invest in Albuquerque, New Mexico?

Albuquerque's short-term rental market offers compelling opportunities for investors seeking diversified income streams in New Mexico's largest city. The city implemented comprehensive STR regulations in 2021 through Ordinance O-20-30, creating a stable, permitted operating environment that distinguishes it from less-regulated markets. With no geographic separation requirements between properties and a straightforward permitting process, investors can build multi-unit portfolios efficiently. The market supports strong rental yields driven by consistent tourism demand and a growing population base, while lower property acquisition costs compared to major coastal markets enable faster cash flow positive investments.

8.5%
Avg. ROI
6.2%
Rental Yield
5.8%
Cap Rate
$1200/mo
Avg. Cash Flow
$1850/mo
Avg. Rent
3.1%
1Y Appreciation

Frequently Asked Questions

You must obtain a City Short-Term Rental Permit ($120 first year, $90 annual renewal) and provide a business registration, floor plan, proof of STR insurance, and a signed Good Neighbor Agreement to be posted in the unit. You also need a New Mexico CRS/GRT tax ID number for gross receipts tax compliance. The application is submitted online through the city's LodgingRevs portal.

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