Las Cruces, NM Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Las Cruces, NM. Based on 40+ datapoints.
Las Cruces, NM Long-Term Rental Investment Snapshot
Based on 40+ long-term rental datapoints
Median Cap Rate
4.1%
Avg Cash on Cash
-12.7%
Median Cashflow
-$733/mo
Avg Rent Estimate
$1,942/mo
Avg Price
$370,567
Price Range
$214,300 - $617,000
Rent to Price
0.52%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Las Cruces, NM
Las Cruces, NM is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.1%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 40+ analyzed properties, the median monthly cashflow in Las Cruces, NM is -$733 with average rents of $1,942/month. Properties range from $214,300 to $617,000, offering entry points across multiple investment budgets.
3939 Agua Caliente Dr, Las Cruces, NM 88012
Price
$305,100
Rent
$1,674
CachFlow
-$701
CoC
-13.13
Las Cruces, NM Rental Market Insights
- •Median cashflow is -$733/month — careful deal selection is essential here
- •4.1% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Las Cruces, NM requires selective property picks
- •Mid-to-upper tier market with properties from $214,300 to $617,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs