Under $100K Investment Properties for Sale in Portales, NM
396- 2 Bed
- 1 Bath
- 804 sft
190- 3 Bed
- 2 Bath
- 1256 sft
198- 3 Bed
- 1 Bath
- 1301 sft
216- 2 Bed
- 2 Bath
- 900 sft
166- 3 Bed
- 1 Bath
- 1080 sft
216- 3 Bed
- 2 Bath
- 1288 sft
174- 2 Bed
- 2 Bath
- 1088 sft
170- 3 Bed
- 2 Bath
- 1710 sft
215- 4 Bed
- 3 Bath
- 1870 sft
168- 4 Bed
- 2 Bath
- 1160 sft
165- 3 Bed
- 1 Bath
- 1342 sft
-- 1 Bed
- 1 Bath
- 208 sft
191- 4 Bed
- 3 Bath
- 3466 sft
172- 1 Bed
- 1 Bath
- 1188 sft
-- 2 Bed
- 1 Bath
- 984 sft
185- 3 Bed
- 2 Bath
- 1984 sft
215- 3 Bed
- 2 Bath
- 1255 sft
201- 3 Bed
- 2 Bath
- 1616 sft
212- - Bed
- 2 Bath
- 1500 sft
190- 2 Bed
- 1 Bath
- 1006 sft
215- - Bed
- - Bath
- - sft
171- 3 Bed
- 2 Bath
- 1120 sft
177- 3 Bed
- 2 Bath
- 1108 sft
-- 4 Bed
- 2 Bath
- 2080 sft
Why Invest in Portales, New Mexico?
Portales, NM offers strong investment potential in homes under $100k, with affordable entry points for cash-flowing properties. Stable rental demand from Eastern New Mexico University drives consistent occupancy. Average cap rates around 8-10% and rental yields of 9% make it attractive for budget investors. Low property prices paired with 3% annual appreciation support long-term growth. Renter-occupied housing at 45% ensures reliable tenant pools in this college town.
Frequently Asked Questions
Yes, Portales has multiple homes under $100k suitable for rentals, often with quick ROI due to low prices. These properties appeal to student and family tenants. Focus on single-family homes near ENMU for best cash flow.
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