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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Santa Fe, NM
Fix & Flip
Listed for sale 1 day ago
$ 260,000
ROI
22.4
Cash Flow/m
193- 1 Bed
- 1 Bath
- 708 sft
2210 Miguel Chavez Rd Unit 815, Santa Fe, NM, 87505
Listed for sale 3 days ago
$ 310,000
ROI
20.3Cash Flow/m
47- 3 Bed
- 2 Bath
- 986 sft
601 W San Mateo Rd APT 6, Santa Fe, NM, 87505
Listed for sale 4 days ago
$ 325,000
ROI
25.7Cash Flow/m
538- 2 Bed
- 2 Bath
- 825 sft
601 W San Mateo Rd APT 202, Santa Fe, NM, 87505
Listed for sale 5 days ago
$ 355,000
ROI
23.6Cash Flow/m
381- 2 Bed
- 2 Bath
- 1339 sft
4354 San Benito St Unit C, Santa Fe, NM, 87507
Why Invest in Santa Fe, New Mexico?
Santa Fe, NM offers strong investment potential in the condo market, driven by steady demand from remote workers and retirees. The city's cultural economy and lifestyle appeal support resilient property values. Investors benefit from stabilizing construction costs and improving inventory in 2026. Rental yields average 5.2%, with cap rates around 6.1% and annual appreciation of 3.8%. Renter-occupied units stand at 42%, reflecting consistent leasing demand.
7.2%
Avg. ROI
5.2%
Rental Yield
6.1%
Cap Rate
$820/mo
Avg. Cash Flow
$1850/mo
Avg. Rent
3.8%
1Y Appreciation
Frequently Asked Questions
Yes, condos benefit from rising inventory and demand from remote workers and retirees. Stabilizing rates and cultural appeal support yields around 5-6%. Focus on updated units in central areas for best returns.
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