Real Estate Investment Properties for Sale in Las Cruces, NM

Looking for investment property in Las Cruces, NM with high ROI ?

Explore a variety of short-term homes & houses in Las Cruces, NM. Invest wisely with VRBO & Las Cruces, 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 Las Cruces, NM

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2908 Missouri Avenue Las Cruces, NM Well maintained Townhouse, perfect location close to NMSU, Shopping, Dining and interstate...	3 beds \| 2 baths \| 1,458 sq.ft.	$208,000	Airbnb cash on cash: 5.58% Traditional cash on cash: 6.42% Airbnb Rental Income: $2107 Traditional Rental Income: $1731 Airbnb ROI: 5.58% Traditional ROI: 6.42%
10002 San Savino Court Las Cruces, NM This beautifully designed Tuscan villa offers 3,702 sq. ft of spacious elegance & comfort,...	4 beds \| 5 baths \| 3,705 sq.ft.	$850,000	Airbnb cash on cash: -0.21% Traditional cash on cash: 3.11% Airbnb Rental Income: $1548 Traditional Rental Income: $3730 Airbnb ROI: -0.21% Traditional ROI: 3.11%
3857 Calle Arriba Las Cruces, NM Located in the Las Palmas Subdivision right down the street and conveniently located next ...	4 beds \| 3 baths \| 2,568 sq.ft.	$395,000	Airbnb cash on cash: 6.02% Traditional cash on cash: 4.93% Airbnb Rental Income: $3820 Traditional Rental Income: $2593 Airbnb ROI: 6.02% Traditional ROI: 4.93%
645 W Las Cruces Avenue Las Cruces, NM Lovely historic Craftsman-style home located in the Alameda Depot District. Inside, the li...	2 beds \| 2 baths \| 1,502 sq.ft.	$305,000	Airbnb cash on cash: 1.55% Traditional cash on cash: 3.8% Airbnb Rental Income: $1489 Traditional Rental Income: $1699 Airbnb ROI: 1.55% Traditional ROI: 3.8%
1959 Pella Court Las Cruces, NM Welcome to 1959 Pella Court, a stunning 4-bedroom, 2-bathroom home boasting 2,011 square f...	4 beds \| 2 baths \| 2,011 sq.ft.	$345,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 5.01% Airbnb Rental Income: $1069 Traditional Rental Income: $2298 Airbnb ROI: 0.08% Traditional ROI: 5.01%
3673 Cabrillo Court Las Cruces, NM Welcome to this impeccable 4 bedroom, 2 bathroom, solar equipped home located in Metro Ver...	4 beds \| 2 baths \| 1,758 sq.ft.	$330,000	Airbnb cash on cash: 7.56% Traditional cash on cash: 4.19% Airbnb Rental Income: $3820 Traditional Rental Income: $1949 Airbnb ROI: 7.56% Traditional ROI: 4.19%
6640 Raasaf Circle Las Cruces, NM The iconic Falcon House is a 2,700+ sq ft home designed by renowned architect Bruno Leon, ...	4 beds \| 4 baths \| 2,763 sq.ft.	$510,000	Airbnb cash on cash: 0.61% Traditional cash on cash: 5.23% Airbnb Rental Income: $1548 Traditional Rental Income: $3307 Airbnb ROI: 0.61% Traditional ROI: 5.23%
2250 S Locust Street Las Cruces, NM With 13 ground floor apartments with plenty of private parking right near each apartment's...	3 beds \| N/A baths \| 10,270 sq.ft.	$1,399,890	Airbnb cash on cash: -0.33% Traditional cash on cash: -0.46% Airbnb Rental Income: $2107 Traditional Rental Income: $1401 Airbnb ROI: -0.33% Traditional ROI: -0.46%
2072 Reina Drive Las Cruces, NM Welcome to this beautifully maintained 2,366 sq. ft. home, designed with comfort, style, a...	3 beds \| 2 baths \| 2,366 sq.ft.	$280,000	Airbnb cash on cash: 5.18% Traditional cash on cash: 6.14% Airbnb Rental Income: $2548 Traditional Rental Income: $2188 Airbnb ROI: 5.18% Traditional ROI: 6.14%
3915 Quail Brush Court Las Cruces, NM This unique home takes advantage of mountain views with beautifully appointed windows, has...	3 beds \| 4 baths \| 3,096 sq.ft.	$750,000	Airbnb cash on cash: 0.29% Traditional cash on cash: 2.19% Airbnb Rental Income: $2107 Traditional Rental Income: $2894 Airbnb ROI: 0.29% Traditional ROI: 2.19%
8084 Constitution Road Las Cruces, NM Luxury home with breathtaking views! This elegant home is sure to captivate you with every...	4 beds \| 3 baths \| 3,198 sq.ft.	$744,000	Airbnb cash on cash: -0.41% Traditional cash on cash: 1.95% Airbnb Rental Income: $1548 Traditional Rental Income: $2744 Airbnb ROI: -0.41% Traditional ROI: 1.95%
2672 Los Misioneros Las Cruces, NM This gorgeous 4 bedroom, 2.5 bath home is the jewel of the neighborhood and is convenientl...	4 beds \| 3 baths \| 2,252 sq.ft.	$400,000	Airbnb cash on cash: -0.18% Traditional cash on cash: 4.66% Airbnb Rental Income: $1069 Traditional Rental Income: $2517 Airbnb ROI: -0.18% Traditional ROI: 4.66%
1936 Santa Ines Street Las Cruces, NM This stunning Southwestern-style home offers 4 cozy bedrooms and 2 well-appointed baths. S...	4 beds \| 2 baths \| 2,207 sq.ft.	$420,000	Airbnb cash on cash: -0.25% Traditional cash on cash: 3.51% Airbnb Rental Income: $1069 Traditional Rental Income: $2181 Airbnb ROI: -0.25% Traditional ROI: 3.51%
1015 Camino Del Rex Las Cruces, NM Discover spacious living with this charming 4-bedroom, 2-bathroom brick home, set on a gen...	4 beds \| 2 baths \| 2,309 sq.ft.	$300,000	Airbnb cash on cash: 1.78% Traditional cash on cash: 6.34% Airbnb Rental Income: $1548 Traditional Rental Income: $2390 Airbnb ROI: 1.78% Traditional ROI: 6.34%
651 Watson Lane Las Cruces, NM Located near Old Mesilla, this .86 acre property offers endless possibilities with its 3 s...	5 beds \| N/A baths \| 3,416 sq.ft.	$509,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.81% Airbnb Rental Income: $null Traditional Rental Income: $2090 Airbnb ROI: N/A Traditional ROI: 2.81%
1700 Salinas Drive Las Cruces, NM Come discover this beautiful home, it offers the perfect blend of comfort, convenience and...	3 beds \| 2 baths \| 1,882 sq.ft.	$340,000	Airbnb cash on cash: 2.82% Traditional cash on cash: 4.3% Airbnb Rental Income: $2107 Traditional Rental Income: $2039 Airbnb ROI: 2.82% Traditional ROI: 4.3%
2500 Desert Drive Las Cruces, NM This home is centrally located in the old Country Club area, on a corner lot and close to ...	3 beds \| 3 baths \| 2,407 sq.ft.	$233,000	Airbnb cash on cash: 4.63% Traditional cash on cash: 8.88% Airbnb Rental Income: $2036 Traditional Rental Income: $2445 Airbnb ROI: 4.63% Traditional ROI: 8.88%
1655 Stonegate Lane Las Cruces, NM Modern Luxury in a stunning location! This extraordinary residence offers 4 bedrooms, 2.5 ...	4 beds \| 3 baths \| 3,883 sq.ft.	$1,050,000	Airbnb cash on cash: 1.1% Traditional cash on cash: 1.02% Airbnb Rental Income: $3820 Traditional Rental Income: $2920 Airbnb ROI: 1.1% Traditional ROI: 1.02%
4343 Isleta Court Las Cruces, NM Come check out this beautiful home on a corner lot in a gated neighborhood! This 2013 buil...	3 beds \| 3 baths \| 2,265 sq.ft.	$470,000	Airbnb cash on cash: 1.75% Traditional cash on cash: 3.92% Airbnb Rental Income: $2107 Traditional Rental Income: $2521 Airbnb ROI: 1.75% Traditional ROI: 3.92%
2064 Sedona Hills Parkway Las Cruces, NM BUYER CREDITS are being Considered. Discover the essence of Southwestern charm in this exq...	4 beds \| 3 baths \| 2,803 sq.ft.	$640,000	Airbnb cash on cash: -0.58% Traditional cash on cash: 3.05% Airbnb Rental Income: $1069 Traditional Rental Income: $2868 Airbnb ROI: -0.58% Traditional ROI: 3.05%
5510 Vista Rico Las Cruces, NM Experience desert living at its finest with this beautiful custom-built home in the highly...	4 beds \| 3 baths \| 3,355 sq.ft.	$975,000	Airbnb cash on cash: -1.2% Traditional cash on cash: 1.16% Airbnb Rental Income: $1069 Traditional Rental Income: $2841 Airbnb ROI: -1.2% Traditional ROI: 1.16%
3719 Vista Belleza Avenue Las Cruces, NM This beautiful three bedroom, two bath home boasts 1647 sq. ft. of living space and is sit...	3 beds \| 2 baths \| 1,647 sq.ft.	$289,000	Airbnb cash on cash: 4.89% Traditional cash on cash: 4.82% Airbnb Rental Income: $2548 Traditional Rental Income: $1913 Airbnb ROI: 4.89% Traditional ROI: 4.82%
5135 Calle Bellisima Las Cruces, NM Welcome to your slice of paradise in the highly coveted Las Alturas community! This remark...	3 beds \| 3 baths \| 2,888 sq.ft.	$579,000	Airbnb cash on cash: 1.23% Traditional cash on cash: 3.13% Airbnb Rental Income: $2107 Traditional Rental Income: $2598 Airbnb ROI: 1.23% Traditional ROI: 3.13%
5073 Rock House Road Las Cruces, NM Don't miss out on this rare opportunity. Custom-built, well designed, low maintenance 4,4...	4 beds \| 4 baths \| 4,497 sq.ft.	$765,000	Airbnb cash on cash: -0.57% Traditional cash on cash: 3.23% Airbnb Rental Income: $1069 Traditional Rental Income: $3415 Airbnb ROI: -0.57% Traditional ROI: 3.23%
8845 Regal Mist Court Las Cruces, NM Discover your oasis in the prestigious Desert Mirage II subdivision off Dripping Springs R...	4 beds \| 3 baths \| 2,306 sq.ft.	$669,000	Airbnb cash on cash: -0.26% Traditional cash on cash: 2.5% Airbnb Rental Income: $1069 Traditional Rental Income: $2425 Airbnb ROI: -0.26% Traditional ROI: 2.5%
2468 Silver Sage Drive Las Cruces, NM Location is key, and this beautifully situated home has everything you need! Boasting 3 be...	3 beds \| 2 baths \| 1,823 sq.ft.	$285,000	Airbnb cash on cash: 3.78% Traditional cash on cash: 5.94% Airbnb Rental Income: $2107 Traditional Rental Income: $2146 Airbnb ROI: 3.78% Traditional ROI: 5.94%
2937 Valle Vista Las Cruces, NM Check out this super cute townhouse in the Telshor area, perfect and ready for you to move...	2 beds \| 2 baths \| 1,198 sq.ft.	$210,000	Airbnb cash on cash: 3.19% Traditional cash on cash: 5.21% Airbnb Rental Income: $1497 Traditional Rental Income: $1461 Airbnb ROI: 3.19% Traditional ROI: 5.21%
7146 Camino Blanco Las Cruces, NM This is a must see home in the highly desired Picacho Hills area! Home backs right up to t...	4 beds \| 4 baths \| 3,020 sq.ft.	$599,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 3.52% Airbnb Rental Income: $1548 Traditional Rental Income: $3064 Airbnb ROI: 0.01% Traditional ROI: 3.52%
2032 Sorrento Place Las Cruces, NM Discover this beautiful Southwestern home nestled in a fantastic neighborhood just minutes...	4 beds \| 3 baths \| 2,662 sq.ft.	$565,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 3.07% Airbnb Rental Income: $1548 Traditional Rental Income: $2661 Airbnb ROI: 0.11% Traditional ROI: 3.07%
2125 Hagerty Road #1,2,3 Las Cruces, NM Discover a unique investment opportunity with this charming triplex near New Mexico State ...	3 beds \| N/A baths \| 1,932 sq.ft.	$279,000	Airbnb cash on cash: 4.31% Traditional cash on cash: 5% Airbnb Rental Income: $2107 Traditional Rental Income: $1748 Airbnb ROI: 4.31% Traditional ROI: 5%
4391 Camino Dos Vidas Las Cruces, NM Welcome to this beautiful maintained 3-bedroom, 2-bathroom gem that boasts 1,478 sq. ft. o...	3 beds \| 2 baths \| 1,478 sq.ft.	$275,000	Airbnb cash on cash: 5.53% Traditional cash on cash: 5.37% Airbnb Rental Income: $2548 Traditional Rental Income: $1893 Airbnb ROI: 5.53% Traditional ROI: 5.37%
2602 Sandigale Drive Las Cruces, NM Adorable & Immaculate! This Wonderfully maintained home has both charm and value. Tasteful...	3 beds \| 2 baths \| 1,325 sq.ft.	$269,500	Airbnb cash on cash: 4.42% Traditional cash on cash: 4.82% Airbnb Rental Income: $2107 Traditional Rental Income: $1669 Airbnb ROI: 4.42% Traditional ROI: 4.82%
1430 Georgianna Court Las Cruces, NM Welcome to your dream home! Nestled in a quiet cul-de-sac, this stunning 3-bedroom, 3-bath...	3 beds \| 3 baths \| 2,898 sq.ft.	$375,000	Airbnb cash on cash: 3.44% Traditional cash on cash: 5.02% Airbnb Rental Income: $2548 Traditional Rental Income: $2489 Airbnb ROI: 3.44% Traditional ROI: 5.02%
6101 Arosa Street Las Cruces, NM Experience the best of modern living in this 4-bedroom, 2.5-bath home in the desirable Met...	4 beds \| 3 baths \| 2,134 sq.ft.	$394,000	Airbnb cash on cash: 6.06% Traditional cash on cash: 4.64% Airbnb Rental Income: $3820 Traditional Rental Income: $2469 Airbnb ROI: 6.06% Traditional ROI: 4.64%
3622 Santa Sabina Avenue Las Cruces, NM Located in the sought-after Metro Verde area, this charming 3-bedroom, 2-bath home is a tr...	3 beds \| 2 baths \| 1,468 sq.ft.	$399,000	Airbnb cash on cash: 3.13% Traditional cash on cash: 2.84% Airbnb Rental Income: $2548 Traditional Rental Income: $1827 Airbnb ROI: 3.13% Traditional ROI: 2.84%
1512 Kilmer Street Las Cruces, NM Welcome to 1512 Kilmer St, an inviting 3-bedroom, 1.5-bath home featuring a spacious open ...	3 beds \| 2 baths \| 1,506 sq.ft.	$215,000	Airbnb cash on cash: 5.7% Traditional cash on cash: 7.58% Airbnb Rental Income: $2107 Traditional Rental Income: $1949 Airbnb ROI: 5.7% Traditional ROI: 7.58%
2747 Coventry Road Las Cruces, NM This charming southwestern-style home embodies the essence of desert living. Featuring 3 s...	3 beds \| 2 baths \| 1,936 sq.ft.	$340,000	Airbnb cash on cash: 2.91% Traditional cash on cash: 4.42% Airbnb Rental Income: $2107 Traditional Rental Income: $2051 Airbnb ROI: 2.91% Traditional ROI: 4.42%
6805 Ojai Avenue Las Cruces, NM Presenting 6805 Ojai Ave, this Marvelous Andalusian styled home set in the Metro Verde com...	4 beds \| 3 baths \| 2,375 sq.ft.	$445,000	Airbnb cash on cash: 5.94% Traditional cash on cash: 5.1% Airbnb Rental Income: $3820 Traditional Rental Income: $2641 Airbnb ROI: 5.94% Traditional ROI: 5.1%
1934 Sedona Hills Parkway Las Cruces, NM Nestled in the heart of Sonoma Ranch, this stunning 4-bedroom Spanish-style home offers a ...	4 beds \| 2 baths \| 1,965 sq.ft.	$385,000	Airbnb cash on cash: 0.07% Traditional cash on cash: 3.89% Airbnb Rental Income: $1069 Traditional Rental Income: $2083 Airbnb ROI: 0.07% Traditional ROI: 3.89%
3038 Rio Arriza Loop Las Cruces, NM Stop by and check out this renovated 3 bedroom 2.5 bathroom home in the Las Palmas Subdivi...	3 beds \| 3 baths \| 1,866 sq.ft.	$326,500	Airbnb cash on cash: 4.2% Traditional cash on cash: 4.06% Airbnb Rental Income: $2548 Traditional Rental Income: $1891 Airbnb ROI: 4.2% Traditional ROI: 4.06%

Real Estate investment in Las-cruces, NM

There are 546 properties for sale in the city of Las Cruces . The median list price in Las Cruces is $365,190 and the average price per square foot is $167. In November 2024, the average monthly cash on cash return in Las Cruces is 5.00%. The average monthly rental income in Las Cruces is $2,183.

Las-cruces, NM Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 546 investment properties available for sale in Las-cruces.

In 2024, the best neighborhood to buy investment property is Las Esperanzas.

The ROI for Long-Term is higher than the Short-Term in Las-cruces with average rental income of $2,183.

Your search for investment property begins and ends here

Investment Property for Sale in Las Cruces, NM

2908 Missouri Avenue

Las Cruces, NM

3 beds | 2 baths | 1,458 sq.ft.

$208,000

Airbnb cash on cash: 5.58%

Traditional cash on cash: 6.42%

Airbnb Rental Income: $2107

Traditional Rental Income: $1731

Airbnb ROI: 5.58%

Traditional ROI: 6.42%

10002 San Savino Court

Las Cruces, NM

4 beds | 5 baths | 3,705 sq.ft.

$850,000

Airbnb cash on cash: -0.21%

Traditional cash on cash: 3.11%

Airbnb Rental Income: $1548

Traditional Rental Income: $3730

Airbnb ROI: -0.21%

Traditional ROI: 3.11%

3857 Calle Arriba

Las Cruces, NM

4 beds | 3 baths | 2,568 sq.ft.

$395,000

Airbnb cash on cash: 6.02%

Traditional cash on cash: 4.93%

Airbnb Rental Income: $3820

Traditional Rental Income: $2593

Airbnb ROI: 6.02%

Traditional ROI: 4.93%

645 W Las Cruces Avenue

Las Cruces, NM

2 beds | 2 baths | 1,502 sq.ft.

$305,000

Airbnb cash on cash: 1.55%

Traditional cash on cash: 3.8%

Airbnb Rental Income: $1489

Traditional Rental Income: $1699

Airbnb ROI: 1.55%

Traditional ROI: 3.8%

1959 Pella Court

Las Cruces, NM

4 beds | 2 baths | 2,011 sq.ft.

$345,000

Airbnb cash on cash: 0.08%

Traditional cash on cash: 5.01%

Airbnb Rental Income: $1069

Traditional Rental Income: $2298

Airbnb ROI: 0.08%

Traditional ROI: 5.01%

3673 Cabrillo Court

Las Cruces, NM

4 beds | 2 baths | 1,758 sq.ft.

$330,000

Airbnb cash on cash: 7.56%

Traditional cash on cash: 4.19%

Airbnb Rental Income: $3820

Traditional Rental Income: $1949

Airbnb ROI: 7.56%

Traditional ROI: 4.19%

6640 Raasaf Circle

Las Cruces, NM

4 beds | 4 baths | 2,763 sq.ft.

$510,000

Airbnb cash on cash: 0.61%

Traditional cash on cash: 5.23%

Airbnb Rental Income: $1548

Traditional Rental Income: $3307

Airbnb ROI: 0.61%

Traditional ROI: 5.23%

2250 S Locust Street

Las Cruces, NM

3 beds | N/A baths | 10,270 sq.ft.

$1,399,890

Airbnb cash on cash: -0.33%

Traditional cash on cash: -0.46%

Airbnb Rental Income: $2107

Traditional Rental Income: $1401

Airbnb ROI: -0.33%