Is El Cerro Mission, NM a good place to invest in rental property?

El Cerro Mission, NM has a median modeled monthly cash flow of $-373 and a median cap rate of 4.8%, on a median sold price of $295,200. Prices changed -5.2% year over year.

What is the average cap rate in El Cerro Mission, NM?

The median cap rate across recently sold homes in El Cerro Mission, NM is 4.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in El Cerro Mission, NM?

The median sold price in El Cerro Mission, NM is $295,200 (about $191 per square foot).

Investing in El Cerro Mission, NM Real Estate

A data-driven snapshot of the El Cerro Mission, 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.

$295,200Median sold price

$191Median $/sqft

4.8%Median cap rate

$-373Modeled cash flow / mo

-5.2%Appreciation YoY

6.8Months of supply

29Active listings

51Sold (last 12 mo)

What the El Cerro Mission numbers say

In El Cerro Mission, NM, the median home sold for $295,200 (about $191 per square foot), and the typical deal models out to a 4.8% cap rate with a median $-373 of monthly cash flow. Sold prices moved -5.2% over the past year. Inventory sits at about 6.8 months of supply. 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 El Cerro Mission cash-flowing listings

CashFlowRE ranks every for-sale home in El Cerro Mission, 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 El Cerro Mission deals, or browse the national market data.