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

Cedar Crest, NM has a median modeled monthly cash flow of $315 and a median cap rate of 7.1%, on a median sold price of $507,500. Prices changed +9.9% year over year.

What is the average cap rate in Cedar Crest, NM?

The median cap rate across recently sold homes in Cedar Crest, NM is 7.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Cedar Crest, NM?

The median sold price in Cedar Crest, NM is $507,500 (about $216 per square foot).

Investing in Cedar Crest, NM Real Estate

#67 cash-flow market in the U.S.

A data-driven snapshot of the Cedar Crest, 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.

$507,500Median sold price

$216Median $/sqft

7.1%Median cap rate

$315Modeled cash flow / mo

+9.9%Appreciation YoY

10.0Months of supply

30Active listings

36Sold (last 12 mo)

What the Cedar Crest numbers say

In Cedar Crest, NM, the median home sold for $507,500 (about $216 per square foot), and the typical deal models out to a 7.1% cap rate with a median $315 of monthly cash flow. Sold prices moved +9.9% over the past year. Inventory sits at about 10.0 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 Cedar Crest cash-flowing listings

CashFlowRE ranks every for-sale home in Cedar Crest, 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 Cedar Crest deals, or browse the national market data.