Best ZIP Codes for Cash Flow in Alamogordo, NM (2026)

Ranked by cap rate — the annual return on the purchase price before financing. ZIPs that also clear the 1% rule are marked.

# ZIP City Home value Rent Cap rate 5-yr growth
1 88310 Alamogordo, NM $220,206 $1,562 5.53% 7.0%
2 88352 Tularosa, NM $184,943 $873 3.68% 7.2%
3 88347 Sacramento, NM $214,546 $873 3.17% 7.0%
4 88337 La Luz, NM $271,036 $873 2.51% 7.5%
5 88317 Cloudcroft, NM $303,219 $873 2.25% 7.8%
6 88325 Alamogordo, NM $342,834 $873 1.99% 6.5%
7 88339 Mayhill, NM $362,124 $873 1.88% 6.8%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →

Same metro, different strategy

Appreciation in Alamogordo, NM  ·  Affordable in Alamogordo, NM

Or see the full Alamogordo, NM metro profile.