Real Estate Investment Properties for Sale in Elephant Butte, NM

Looking for investment property in Elephant Butte, NM with high ROI ?

Explore a variety of short-term homes & houses in Elephant Butte, NM. Invest wisely with VRBO & Elephant Butte, NM Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Elephant Butte, NM

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
209 Lakeshore Drive Elephant Butte, NM A VERY WELL MAINTAINED HOME WITH A LAKE VIEW. THIS 3BR, 2BA HOME WITH OVER 1760 SQ FT OFFE...	3 beds \| 2 baths \| 1,765 sq.ft.	$345,000	Airbnb cash on cash: 0.93% Traditional cash on cash: 4.46% Airbnb Rental Income: $1454 Traditional Rental Income: $2167 Airbnb ROI: 0.93% Traditional ROI: 4.46%
109 Inca Street Elephant Butte, NM ARE YOUR SUITCASES PACKED? THAT IS ALL YOU NEED TO DO WHEN YOU HAVE PURCHASED THIS VERY W...	2 beds \| 1 baths \| 900 sq.ft.	$183,700	Airbnb cash on cash: 2.17% Traditional cash on cash: 5.17% Airbnb Rental Income: $1133 Traditional Rental Income: $1280 Airbnb ROI: 2.17% Traditional ROI: 5.17%
108 Lakeview Street Elephant Butte, NM This stunning Tuscany-style home in the Turtleback Mountain Resort perfectly blends beauty...	5 beds \| 4 baths \| 4,371 sq.ft.	$980,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.49% Airbnb Rental Income: $null Traditional Rental Income: $3723 Airbnb ROI: N/A Traditional ROI: 2.49%
209 Ave Nido Street Elephant Butte, NM Views! Views! Views! with this 3 bdrm 2 1/2 bath home in Turtleback Mountain Resort! Overl...	3 beds \| 3 baths \| 2,114 sq.ft.	$459,900	Airbnb cash on cash: 0.13% Traditional cash on cash: 3.57% Airbnb Rental Income: $1454 Traditional Rental Income: $2501 Airbnb ROI: 0.13% Traditional ROI: 3.57%
205 Trout Road Elephant Butte, NM TRULY ONE OF THE BEST IF YOUR SEARCH INCLUDES LOCATION, LOCATION, LOCATION AND UNOBSTRUCTE...	3 beds \| 2 baths \| 3,280 sq.ft.	$725,000	Airbnb cash on cash: -0.57% Traditional cash on cash: 0.73% Airbnb Rental Income: $1454 Traditional Rental Income: $1901 Airbnb ROI: -0.57% Traditional ROI: 0.73%
56 Meritage Road Elephant Butte, NM Nestled atop a rolling hillside,this magnificent home sitting on 1.5 acres overlooks a pic...	3 beds \| 2 baths \| 3,245 sq.ft.	$850,000	Airbnb cash on cash: -0.08% Traditional cash on cash: 0.97% Airbnb Rental Income: $1454 Traditional Rental Income: $1857 Airbnb ROI: -0.08% Traditional ROI: 0.97%
80 Armendaris Road Elephant Butte, NM Lying comfortably atop a highland plateau, this Gorgeous 3 bdrm 3 bath pueblo style home b...	3 beds \| 3 baths \| 2,947 sq.ft.	$519,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.33% Airbnb Rental Income: $1454 Traditional Rental Income: $2636 Airbnb ROI: N/A Traditional ROI: 3.33%
109 Canon Del Luna Road Elephant Butte, NM SPRAWLING MASTERPIECE in Turtleback Mountain Resort! Perched atop a hill with commanding v...	3 beds \| 6 baths \| 5,411 sq.ft.	$1,200,000	Airbnb cash on cash: -0.68% Traditional cash on cash: 3.08% Airbnb Rental Income: $1454 Traditional Rental Income: $5221 Airbnb ROI: -0.68% Traditional ROI: 3.08%
100 Camino Encantado Elephant Butte, NM This two bedroom one bathroom Lake Cabin sits on a corner lot right around the corner fro...	2 beds \| 1 baths \| 692 sq.ft.	$100,000	Airbnb cash on cash: 5.51% Traditional cash on cash: 7.44% Airbnb Rental Income: $1133 Traditional Rental Income: $943 Airbnb ROI: 5.51% Traditional ROI: 7.44%
127 SIERRA VISTA Drive Elephant Butte, NM Experience interest rates as low as 4.875% (terms and conditions apply)! Step inside this ...	3 beds \| 3 baths \| 2,080 sq.ft.	$609,000	Airbnb cash on cash: -0.18% Traditional cash on cash: 2.36% Airbnb Rental Income: $1454 Traditional Rental Income: $2468 Airbnb ROI: -0.18% Traditional ROI: 2.36%
202 TIERRA VERDE Circle Elephant Butte, NM With interest rates as low as 4.875% (terms apply), discover the essence of Joe Boyden's S...	3 beds \| 2 baths \| 1,816 sq.ft.	$499,000	Airbnb cash on cash: 0.2% Traditional cash on cash: 2.98% Airbnb Rental Income: $1454 Traditional Rental Income: $2322 Airbnb ROI: 0.2% Traditional ROI: 2.98%
105 LAS CRUCES Elephant Butte, NM Immerse yourself in the enchantment of Joe Boyden's Sandstone model home at Turtleback Mou...	3 beds \| 3 baths \| 1,571 sq.ft.	$439,000	Airbnb cash on cash: 0.13% Traditional cash on cash: 2.68% Airbnb Rental Income: $1454 Traditional Rental Income: $2071 Airbnb ROI: 0.13% Traditional ROI: 2.68%
108 Whitworth Street Elephant Butte, NM This Santa Fe style home is absolutely charming and rich in unique features with 3 bdrms 2...	3 beds \| 2 baths \| 2,083 sq.ft.	$309,900	Airbnb cash on cash: 1.08% Traditional cash on cash: 5.54% Airbnb Rental Income: $1454 Traditional Rental Income: $2323 Airbnb ROI: 1.08% Traditional ROI: 5.54%
114 Lincoln Street Elephant Butte, NM Discover the charm of modern, spacious living with this striking barndominium in Elephant ...	3 beds \| 3 baths \| 3,600 sq.ft.	$435,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 3.8% Airbnb Rental Income: $1454 Traditional Rental Income: $2372 Airbnb ROI: 0.49% Traditional ROI: 3.8%
400 SKYLINE Drive Elephant Butte, NM Take advantage of an incredible opportunity to secure an interest rate as low as 4.875%* (...	3 beds \| 2 baths \| 1,401 sq.ft.	$334,500	Airbnb cash on cash: 1.02% Traditional cash on cash: 3.73% Airbnb Rental Income: $1454 Traditional Rental Income: $1876 Airbnb ROI: 1.02% Traditional ROI: 3.73%
403 Springland Drive Elephant Butte, NM LOCATION AND A LAKE VIEW! OVER 3000 SQ FT OF LIVING AREA TO WORK WITH, COMPLETE A SMALL AM...	3 beds \| 3 baths \| 3,124 sq.ft.	$225,000	Airbnb cash on cash: 2.41% Traditional cash on cash: 9.58% Airbnb Rental Income: $1454 Traditional Rental Income: $2550 Airbnb ROI: 2.41% Traditional ROI: 9.58%
105 QUEBEC Loop Elephant Butte, NM Enjoy scenic views of Turtleback Mountain and a glimpse of the Sierra del Rio Golf Course ...	2 beds \| 2 baths \| 1,150 sq.ft.	$228,600	Airbnb cash on cash: 1.51% Traditional cash on cash: 6.01% Airbnb Rental Income: $1133 Traditional Rental Income: $1729 Airbnb ROI: 1.51% Traditional ROI: 6.01%
300 CATFISH Road Elephant Butte, NM Indulge in the luxurious lifestyle offered by this stunning lake house in Hot Springs Sout...	4 beds \| 4 baths \| 3,289 sq.ft.	$1,500,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.92% Airbnb Rental Income: $null Traditional Rental Income: $3514 Airbnb ROI: N/A Traditional ROI: 0.92%
106 La Puntas Street Elephant Butte, NM THIS BEAUTIFUL TUSCAN HOME LOCATED IN THE HIGHLY DESIRED VILLA TUSCAN SUBDIVISION AND SURR...	3 beds \| 3 baths \| 2,622 sq.ft.	$658,000	Airbnb cash on cash: -0.28% Traditional cash on cash: 2.65% Airbnb Rental Income: $1454 Traditional Rental Income: $2822 Airbnb ROI: -0.28% Traditional ROI: 2.65%

Real Estate investment in Elephant-butte, NM

There are 19 properties for sale in the city of Elephant Butte . The median list price in Elephant Butte is $449,450 and the average price per square foot is $175. In November 2024, the average monthly cash on cash return in Elephant Butte is 3.00%. The average monthly rental income in Elephant Butte is $2,348.

Elephant-butte, NM Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 19 investment properties available for sale in Elephant-butte.

In 2024, the best neighborhood to buy investment property is Elephant Butte.

The ROI for Short-Term is higher than the Long-Term in Elephant-butte with average rental income of $1,454.

Your search for investment property begins and ends here

Investment Property for Sale in Elephant Butte, NM

209 Lakeshore Drive

Elephant Butte, NM

3 beds | 2 baths | 1,765 sq.ft.

$345,000

Airbnb cash on cash: 0.93%

Traditional cash on cash: 4.46%

Airbnb Rental Income: $1454

Traditional Rental Income: $2167

Airbnb ROI: 0.93%

Traditional ROI: 4.46%

109 Inca Street

Elephant Butte, NM

2 beds | 1 baths | 900 sq.ft.

$183,700

Airbnb cash on cash: 2.17%

Traditional cash on cash: 5.17%

Airbnb Rental Income: $1133

Traditional Rental Income: $1280

Airbnb ROI: 2.17%

Traditional ROI: 5.17%

108 Lakeview Street

Elephant Butte, NM

5 beds | 4 baths | 4,371 sq.ft.

$980,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.49%

Airbnb Rental Income: $null

Traditional Rental Income: $3723

Airbnb ROI: N/A

Traditional ROI: 2.49%

209 Ave Nido Street

Elephant Butte, NM

3 beds | 3 baths | 2,114 sq.ft.

$459,900

Airbnb cash on cash: 0.13%

Traditional cash on cash: 3.57%

Airbnb Rental Income: $1454

Traditional Rental Income: $2501

Airbnb ROI: 0.13%

Traditional ROI: 3.57%

205 Trout Road

Elephant Butte, NM

3 beds | 2 baths | 3,280 sq.ft.

$725,000

Airbnb cash on cash: -0.57%

Traditional cash on cash: 0.73%

Airbnb Rental Income: $1454

Traditional Rental Income: $1901

Airbnb ROI: -0.57%

Traditional ROI: 0.73%

56 Meritage Road

Elephant Butte, NM

3 beds | 2 baths | 3,245 sq.ft.

$850,000

Airbnb cash on cash: -0.08%

Traditional cash on cash: 0.97%

Airbnb Rental Income: $1454

Traditional Rental Income: $1857

Airbnb ROI: -0.08%

Traditional ROI: 0.97%

80 Armendaris Road

Elephant Butte, NM

3 beds | 3 baths | 2,947 sq.ft.

$519,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.33%

Airbnb Rental Income: $1454

Traditional Rental Income: $2636

Airbnb ROI: N/A

Traditional ROI: 3.33%

109 Canon Del Luna Road

Elephant Butte, NM

3 beds | 6 baths | 5,411 sq.ft.

$1,200,000

Airbnb cash on cash: -0.68%

Traditional cash on cash: 3.08%

Airbnb Rental Income: $1454

Traditional Rental Income: $5221

Airbnb ROI: -0.68%