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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
Currently Rented
Listed for sale 2 days ago
$ 395,000
ROI
24.0
Cash Flow/m
463- 4 Bed
- 1 Bath
- 1346 sft
3600 Cerrillos Rd Suite 501, Santa Fe, NM, 87507
Listed for sale 4 days ago
$ 225,000
ROI
27.4Cash Flow/m
480- 1 Bed
- 1 Bath
- 469 sft
2600 W Zia Rd APT J5, Santa Fe, NM, 87505
Listed for sale 6 days ago
$ 229,000
ROI
26.1Cash Flow/m
406- 1 Bed
- 1 Bath
- 614 sft
2210 Miguel Chavez Rd Unit 1423, Santa Fe, NM, 87505
$ 259,000
ROI
25.2Cash Flow/m
391- 2 Bed
- 2 Bath
- 925 sft
2210 Miguel Chavez Rd Unit 411, Santa Fe, NM, 87505
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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