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

Los Chaves, NM has a median modeled monthly cash flow of $-992 and a median cap rate of 3.1%, on a median sold price of $294,450. Prices changed -4.5% year over year.

What is the average cap rate in Los Chaves, NM?

The median cap rate across recently sold homes in Los Chaves, NM is 3.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Los Chaves, NM?

The median sold price in Los Chaves, NM is $294,450 (about $180 per square foot).

Investing in Los Chaves, NM Real Estate

A data-driven snapshot of the Los Chaves, 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.

$294,450Median sold price

$180Median $/sqft

3.1%Median cap rate

$-992Modeled cash flow / mo

-4.5%Appreciation YoY

6.3Months of supply

20Active listings

38Sold (last 12 mo)

What the Los Chaves numbers say

In Los Chaves, NM, the median home sold for $294,450 (about $180 per square foot), and the typical deal models out to a 3.1% cap rate with a median $-992 of monthly cash flow. Sold prices moved -4.5% over the past year. Inventory sits at about 6.3 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 Los Chaves cash-flowing listings

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