Condo Investment Properties for Sale in Las Cruces, NM
Listed for sale 2 days ago
$ 150,000
ROI
24.6
Cash Flow/m
204- 2 Bed
- 2 Bath
- 1198 sft
1345 Branson Ave APT 3D, Las Cruces, NM, 88001
Listed for sale 6 days ago
$ 249,000
ROI
30.7Cash Flow/m
757- 3 Bed
- 2 Bath
- 1728 sft
2925 Valle Vis, Las Cruces, NM, 88011
$ 102,000
ROI
26.5Cash Flow/m
191- 2 Bed
- 2 Bath
- 1024 sft
1401 Alamo St APT A, Las Cruces, NM, 88001
$ 245,000
ROI
22.4Cash Flow/m
182- 3 Bed
- 2 Bath
- 1338 sft
3650 Morning Star Dr Unit 1505, Las Cruces, NM, 88011
Why Invest in Las Cruces, New Mexico?
Las Cruces, NM offers strong opportunities for **condo** investors seeking stable returns in a growing market. With **rental yields** around 6-7% and **cap rates** of 5-6%, condos appeal to first-time buyers and renters alike. The local economy supports steady demand, driven by employment growth and university presence. Appreciation remains modest at 1-2% annually, favoring long-term cash flow over speculation. Lower inventory keeps values resilient despite national slowdowns.
7.2%
Avg. ROI
6.5%
Rental Yield
5.8%
Cap Rate
$450/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
1.5%
1Y Appreciation
Frequently Asked Questions
Yes, condos offer solid rental yields around 6.5% and appeal to students and retirees. Low vacancy supports steady cash flow. Stable appreciation makes them suitable for long-term holds.
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