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
3.8%
Avg Cash on Cash
-12%
Median Cashflow
-$733/mo
Avg Rent Estimate
$1,961/mo
Avg Price
$369,189
Price Range
$214,300 - $617,000
Rent to Price
0.53%
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 3.8%, 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 $1,961/month. Properties range from $214,300 to $617,000, offering entry points across multiple investment budgets.
4192 Santa Lucia Arc, Las Cruces, NM 88005
Price
$617,000
Rent
$2,707
CachFlow
-$1,802
CoC
-16.69
4035 Pepper Post Ave, Las Cruces, NM 88011
Price
$401,200
Rent
$2,284
CachFlow
-$819
CoC
-11.67
Las Cruces, NM Rental Market Insights
- •Median cashflow is -$733/month — careful deal selection is essential here
- •3.8% 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