Condo Investment Properties for Sale in Rio Rancho, NM

Property at 1357 Rio Rancho Blvd SE APT D, Rio Rancho, NM
Listed for sale 3 days ago
$ 240,000
ROI
28.0ROI percentage
Cash Flow/m
Dollar sign548
  • 3 Bed
  • 2 Bath
  • 1552 sft
1357 Rio Rancho Blvd SE APT D, Rio Rancho, NM, 87124
Property at 901 Country Club Dr SE APT G, Rio rancho, NM
$ 199,000
ROI
30.5ROI percentage
Cash Flow/m
Dollar sign596
  • 2 Bed
  • 2 Bath
  • 1125 sft
901 Country Club Dr SE APT G, Rio rancho, NM, 87124
Property at 1355 Rio Rancho Blvd SE #B, Rio Rancho, NM
$ 199,500
ROI
24.0ROI percentage
Cash Flow/m
Dollar sign235
  • 1 Bed
  • 1 Bath
  • 850 sft
1355 Rio Rancho Blvd SE #B, Rio Rancho, NM, 87124
Property at 917 Country Club Dr SE APT H, Rio Rancho, NM
$ 175,000
ROI
23.3ROI percentage
Cash Flow/m
Dollar sign170
  • 2 Bed
  • 2 Bath
  • 1035 sft
917 Country Club Dr SE APT H, Rio Rancho, NM, 87124

Why Invest in Rio Rancho, New Mexico?

Rio Rancho, NM offers strong investment potential in the condo market, with increasing inventory creating buyer opportunities. Stable home values around $350K-$370K support solid appreciation. Rental demand remains steady with average rents near $1,900 monthly. Investor-friendly cap rates and growing Albuquerque metro employment drive cash flow. Low vacancy and moderate competition make condos a smart entry point.

7.2%
Avg. ROI
6.5%
Rental Yield
5.8%
Cap Rate
$420/mo
Avg. Cash Flow
$1900/mo
Avg. Rent
1.8%
1Y Appreciation

Frequently Asked Questions

Yes, condos show strong potential with 45% inventory growth creating deals. Average rents of $1,900 support 6%+ yields. Proximity to Albuquerque jobs ensures steady demand.

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