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

Los Chaves, NM has a median modeled monthly cash flow of $-681 and a median cap rate of 3.9%, on a median sold price of $319,900. Prices changed +7.4% 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 3.9%, 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 $319,900 (about $188 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.

$319,900Median sold price

$188Median $/sqft

3.9%Median cap rate

$-681Modeled cash flow / mo

+7.4%Appreciation YoY

8.5Months of supply

29Active listings

41Sold (last 12 mo)

What the Los Chaves numbers say

In Los Chaves, NM, the median home sold for $319,900 (about $188 per square foot), and the typical deal models out to a 3.9% cap rate with a median $-681 of monthly cash flow. Sold prices moved +7.4% over the past year. Inventory sits at about 8.5 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 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.