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

Sandia Knolls, NM has a median modeled monthly cash flow of $-1,454 and a median cap rate of 2.2%, on a median sold price of $350,000. Prices changed +38.2% year over year.

What is the average cap rate in Sandia Knolls, NM?

The median cap rate across recently sold homes in Sandia Knolls, NM is 2.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Sandia Knolls, NM?

The median sold price in Sandia Knolls, NM is $350,000 (about $217 per square foot).

Investing in Sandia Knolls, NM Real Estate

A data-driven snapshot of the Sandia Knolls, 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.

$350,000Median sold price

$217Median $/sqft

2.2%Median cap rate

$-1,454Modeled cash flow / mo

+38.2%Appreciation YoY

6.4Months of supply

16Active listings

30Sold (last 12 mo)

What the Sandia Knolls numbers say

In Sandia Knolls, NM, the median home sold for $350,000 (about $217 per square foot), and the typical deal models out to a 2.2% cap rate with a median $-1,454 of monthly cash flow. Sold prices moved +38.2% over the past year. Inventory sits at about 6.4 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 Sandia Knolls cash-flowing listings

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