Under $500K Investment Properties for Sale in Artesia, NM

Discover investment properties under $500K in Artesia, NM, where affordable entry points meet steady oil-driven demand. Properties in this price range offer strong **rental yields** around 8-10% and **cap rates** of 7-9%. The local economy supports consistent cash flow with average rents at $1,200/month. Annual appreciation averages 4%, bolstered by low vacancy rates under 5%. Renter-occupied housing exceeds 40%, ensuring reliable tenant pools for investors.