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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Portales, NM

Listed for sale 4 days ago
$ 185,000
ROI
31.3
Cash Flow/m
594- 3 Bed
- 2 Bath
- 1656 sft
224 Oklahoma Dr, Portales, NM, 88130

Listed for sale 6 days ago
$ 165,000
ROI
29.7
Cash Flow/m
456- 4 Bed
- 2 Bath
- 1544 sft
722 W 17th St, Portales, NM, 88130

$ 165,000
ROI
26.8
Cash Flow/m
325- 4 Bed
- 2 Bath
- 2016 sft
1201 Gemini Cir, Portales, NM, 88130

$ 130,000
ROI
25.3
Cash Flow/m
201- 2 Bed
- 1 Bath
- 964 sft
1221 N Avenue A, Portales, NM, 88130
Why Invest in Portales, New Mexico?
Portales, NM offers strong investment potential in properties under $200k, with affordable entry points for cash-flowing rentals. Eastern New Mexico University drives steady student demand, supporting consistent occupancy. Roosevelt County's agribusiness economy provides stable jobs, enhancing renter pools. Cap rates around 8-10% and rental yields near 9% make these assets attractive for passive income. Annual appreciation of 3-4% adds long-term value in this growing market.
9.5%
Avg. ROI
8.8%
Rental Yield
9.2%
Cap Rate
$450/mo
Avg. Cash Flow
$875/mo
Avg. Rent
3.5%
1Y Appreciation
Find Your Perfect Investment Property in Portales, New Mexico
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