Real Estate Investing in Tijeras, New Mexico (87059)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 87059 (Tijeras, NM)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 30.9 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Tijeras, NM (87059)?
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Market Analysis: 87059 Tijeras
The 87059 ZIP covers a section of Tijeras that demands careful diligence. Prices near $450K look accessible, but the work to make a deal cash flow is real.
Looking more closely, the numbers look inviting — $450K purchase price, 0.0% nominal cap — the work to hit that pro forma in 87059 is substantial and deserves full respect.
Within NM, ZIP 87059 trails on several market indicators that neighboring Bernalillo County submarkets outperform. The gap is real and impressive enough to shape underwriting.
Who lives in 87059 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Distressed ZIPs reward experience. impressive returns are possible in 87059, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Tijeras:
Property Strategy for 87059
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $204,156 | $1,110 | 3.9% | +7.8% | $204,156 |
| 2BR | $300,233 | $1,350 | 3.2% | +7.5% | $150,116 |
| 3BR | $433,156 | $1,830 | 3.0% | +6.9% | $144,385 |
| 4BR | $571,634 | $2,080 | 2.6% | +6.7% | $142,909 |
Market Trends
Home Value History (with trend line)
📊 How Does 87059 Compare?
| Metric | 87059 | Tijeras | Albuquerque, NM | New Mexico |
|---|---|---|---|---|
| Home Value | $450,368 | $450,368 | N/A | $308,799 |
| 5-Year CAGR | 5.0% | 5.0% | N/A | 7.3% |
| Avg Rent | $1,215 | $1,215 | N/A | - |
| Cap Rate | 2.1% | 2.1% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 87059 (Tijeras, NM). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 87059 (Tijeras, NM)?
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Property managers serving Bernalillo County
Manage rentals here? List your business →Rhino Realty Property Management offers full-service property management and investment services for single-family homes, multifamily properties, condos, townhomes, and apartments in Albuquerque and R summary from their website
BottomLineManagement.com is a domain name available for sale. summary from their website
Deacon Property Services operates as a real estate agency. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $450,368 |
| Monthly Rent | $1,215 |
| Price-to-Rent | 30.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.2% |
| Cap Rate | 2.1% |
| 5-Year IRR | 7.1% |
📈 Home Appreciation
| 1-Year | +4.5% ▲ |
| 3-Year CAGR | +3.6% ▲ |
| 5-Year CAGR | +5.0% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 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 (2.1%). 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 87059
Population: 10,012
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 87059
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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Is vacancy a concern in Tijeras, NM?
Rental vacancy in Tijeras, NM is elevated. Investors should budget normal turnover but not chronic empty units.
What kind of tenants rent in Tijeras, NM?
Tenant quality in Tijeras, NM ranks as solid. Landlords generally report steady occupancy at market rents of $1,215/mo.
What kind of market is Tijeras, NM for investors?
Investors tracking Tijeras, NM will find a 3.0/5 rating supported by $450K median home values and $1,215/mo rents. That profile suits long-term holders targeting consistent returns.
Is house hacking profitable in Tijeras, NM?
House hacking in Tijeras, NM is reasonable to execute. Prices around $450K and rents of $1,215/mo solid owner-occupant economics.
What approach is best for Tijeras, NM real estate?
The best-fit strategy in Tijeras, NM is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
You know 87059 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 87059 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 87059 ranks in Albuquerque, NM
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