Real Estate Investing in Mountainair, New Mexico (87036)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 87036 (Mountainair, NM)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 29.2% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Mountainair, NM (87036)?
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Market Analysis: 87036 Mountainair
The 87036 ZIP in Mountainair, NM is a local-operator market. Outside capital chasing a $177K entry has to pair deep knowledge with the discount.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $177K asset, 87036 is the wrong submarket. If the plan prices in friction, the yield can still work.
Nearby ZIPs in Mountainair have seen price recovery that 87036 has not matched. Torrance County data supports the view that the spread is structural rather than temporary.
A impressive renter share of 10% in 87036 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategy in 87036 is an operator game, not a passive one. From an investor standpoint, entry prices of $177K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Mountainair:
Market Trends
Home Value History (with trend line)
📊 How Does 87036 Compare?
| Metric | 87036 | Mountainair | Albuquerque, NM | New Mexico |
|---|---|---|---|---|
| Home Value | $177,180 | $177,180 | N/A | $308,799 |
| 5-Year CAGR | N/A | N/A | N/A | 7.3% |
| Avg Rent | $1,080 | $1,080 | N/A | - |
| Cap Rate | 4.8% | 4.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 87036 (Mountainair, NM). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $177,180 |
| Monthly Rent | $1,080 |
| Price-to-Rent | 13.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.3% |
| Cap Rate | 4.8% |
| 5-Year IRR | 9.3% |
📈 Home Appreciation
| 1-Year | +4.5% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
| 10-Year CAGR | N/A |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.8%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 87036
Population: 2,052
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 87036
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
What monthly rent should investors expect in Mountainair, NM?
Rental rates in Mountainair, NM average $1,080/mo. Tenant demand and $177K home values make the yield look reasonable by investor standards.
Is the tenant base reliable in Mountainair, NM?
Tenant demand in Mountainair, NM is solid. The local workforce $1,080/mo rents across most rental classes.
How strong is Mountainair, NM for real estate investors?
Mountainair, NM rates 2.0/5 for investability. With median values at $177K and rents near $1,080/mo, the market offers reasonable fundamentals for rental investors.
What strategy should investors use in Mountainair, NM?
Investors usually favor careful cash-flow rentals with hands-on management in Mountainair, NM. With home values at $177K and rents near $1,080/mo, other strategies can work but produce stable rather than outsized returns.
Does a duplex house hack pencil in Mountainair, NM?
For house hackers, Mountainair, NM is a challenging. The $1,080/mo rent on a unit helps defray the mortgage on a $177K property.
You know 87036 now. You don’t know where it ranks.
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