Under $300K Investment Properties for Sale in New Mexico
625- 4 Bed
- 2 Bath
- 2392 sft
193- 3 Bed
- 2 Bath
- - sft
271- 2 Bed
- 2 Bath
- 983 sft
1144- 4 Bed
- 2 Bath
- 1730 sft
Why Invest in New Mexico?
New Mexico offers compelling opportunities for properties under $300k, ideal for cash-flow-focused investors seeking entry-level real estate. Affordable homes statewide provide strong entry points with average rents supporting solid yields. Recent data shows stable renter occupancy around 36%, bolstering long-term cash flow potential. Cap rates hover near 7-8% in key markets, enhanced by moderate appreciation trends. Economic diversification supports sustained demand for budget-friendly rentals.
Frequently Asked Questions
Cap rates average 7-8% for budget properties statewide. These figures reflect stable rents and lower acquisition costs in areas like Albuquerque and Las Cruces. Investors benefit from consistent occupancy per Census data.
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