Is Belen, NM a good place to invest in rental property?

Belen, NM has a median modeled monthly cash flow of $-700 and a median cap rate of 3.4%, on a median sold price of $262,000. Prices changed +22.6% year over year.

What is the average cap rate in Belen, NM?

The median cap rate across recently sold homes in Belen, NM is 3.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Belen, NM?

The median sold price in Belen, NM is $262,000 (about $179 per square foot).

Investing in Belen, NM Real Estate

A data-driven snapshot of the Belen, NM rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$262,000Median sold price

$179Median $/sqft

3.4%Median cap rate

$-700Modeled cash flow / mo

+22.6%Appreciation YoY

10.2Months of supply

117Active listings

138Sold (last 12 mo)

What the Belen numbers say

In Belen, NM, the median home sold for $262,000 (about $179 per square foot), and the typical deal models out to a 3.4% cap rate with a median $-700 of monthly cash flow. Sold prices moved +22.6% over the past year. Inventory sits at about 10.2 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other New Mexico markets to compare

See Belen cash-flowing listings

CashFlowRE ranks every for-sale home in Belen, NM by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Belen deals, or browse the national market data.