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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 1 day ago
$ 165,000
ROI
27.5
Cash Flow/m
355- 3 Bed
- 1 Bath
- 1175 sft
757 S Roosevelt Rd S #R-1/2, Portales, NM, 88130
Listed for sale 1 day ago
$ 135,000
ROI
34.6Cash Flow/m
558- 4 Bed
- 2 Bath
- 1568 sft
1956 S Roosevelt Road 8, Portales, NM, 88130
Listed for sale 1 day ago
$ 187,000
ROI
27.1Cash Flow/m
384- 3 Bed
- 3 Bath
- 2195 sft
500 S Avenue A, Portales, NM, 88130
Listed for sale 6 days ago
$ 190,000
ROI
30.5Cash Flow/m
566- 3 Bed
- 2 Bath
- 1599 sft
42665 Us Highway 70, 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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