Real Estate Investing in Quemado, New Mexico (87829)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 87829 (Quemado, NM)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 46.0% of homes vacant — above national norms.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Quemado, NM (87829)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 87829 Quemado
ZIP 87829 in Quemado, NM carries a robust set of headwinds. Home values near $257K and rents of $936/mo sit inside a market where underwriting has to be tight.
The investment case in 87829 is durable only for operators who understand what they are buying. A $257K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Statewide comparisons place 87829 among NM's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The demographic picture in 87829 includes headwinds that any investor should price in. Income distribution skews lower than Quemado averages, and tenant stability requires active management.
Distressed ZIPs reward experience. resilient returns are possible in 87829, 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 Quemado:
Market Trends
Home Value History (with trend line)
📊 How Does 87829 Compare?
| Metric | 87829 | Quemado | New Mexico |
|---|---|---|---|
| Home Value | $256,889 | $256,889 | $308,799 |
| 5-Year CAGR | N/A | N/A | 7.3% |
| Avg Rent | $936 | $936 | - |
| Cap Rate | 2.8% | 2.8% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 87829 (Quemado, NM). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $256,889 |
| Monthly Rent | $936 |
| Price-to-Rent | 22.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.4% |
| Cap Rate | 2.8% |
| 5-Year IRR | 20.6% |
📈 Home Appreciation
| 1-Year | +17.8% ▲ |
| 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 (2.8%). 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 87829
Population: 840
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 87829
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
How expensive is real estate in Quemado, NM?
The median home value in Quemado, NM is roughly $257K. That puts it reasonable relative to the NM statewide average.
What is it like being a landlord in Quemado, NM?
NM law landlord-friendly for landlords, and Quemado inherits those rules. Investors should still review local ordinances for rental licensing.
How quickly do rentals get leased in Quemado, NM?
Quemado, NM carries elevated vacancy risk. Expect consistent absorption at market rents of $936/mo.
Can owner-occupants cash flow in Quemado, NM?
Quemado, NM offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $936/mo rent level.
Is the tenant base reliable in Quemado, NM?
The renter base in Quemado, NM is reasonable for the $936/mo price point. Screening well and pricing to market typically yields predictable tenants.
You know 87829 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 87829 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.
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