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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Rio Rancho, NM
Motivated Seller
Listed for sale 6 days ago
$ 189,000
ROI
28.4
Cash Flow/m
455- 2 Bed
- 2 Bath
- 1133 sft
823 Country Club Dr SE APT 1-B, Rio Rancho, NM, 87124
$ 199,000
ROI
30.5Cash Flow/m
596- 2 Bed
- 2 Bath
- 1125 sft
901 Country Club Dr SE APT G, Rio rancho, NM, 87124
$ 195,000
ROI
28.4Cash Flow/m
468- 2 Bed
- 2 Bath
- 1133 sft
833 Country Club Dr SE APT 2A, Rio Rancho, NM, 87124
$ 195,000
ROI
27.4Cash Flow/m
412- 2 Bed
- 2 Bath
- 1107 sft
911 Country Club Dr SE APT F, 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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