Real Estate Investing in Aztec, New Mexico (87410)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 87410 (Aztec, NM)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 12.7% of homes vacant — above national norms.
What’s happening in Aztec, NM (87410)?
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Market Analysis: 87410 Aztec
ZIP 87410 inside San Juan County looks affordable on the surface — median value of $277K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed markets are won on execution, not on spreadsheets. ZIP 87410 reflects the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
ZIP 87410's metrics run below San Juan County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The demographic picture in 87410 includes headwinds that any investor should price in. Income distribution skews lower than Aztec averages, and tenant stability requires active management.
Experienced landlords with local relationships tend to find 87410 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Aztec:
Property Strategy for 87410
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $214,009 | $1,030 | 3.5% | +8.3% | $107,004 |
| 3BR | $296,478 | $1,430 | 3.5% | +8.3% | $98,826 |
| 4BR | $351,708 | $1,550 | 3.2% | +7.3% | $87,927 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 87410 Compare?
| Metric | 87410 | Aztec | Farmington, NM | New Mexico |
|---|---|---|---|---|
| Home Value | $276,541 | $292,767 | N/A | $308,799 |
| 5-Year CAGR | 5.1% | 5.7% | N/A | 7.3% |
| Avg Rent | $1,025 | $1,246 | N/A | - |
| Cap Rate | 2.9% | 3.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 87410 (Aztec, NM). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $276,541 |
| Monthly Rent | $1,025 |
| Price-to-Rent | 22.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.5% |
| Cap Rate | 2.9% |
| 5-Year IRR | 8.0% |
📈 Home Appreciation
| 1-Year | +9.2% ▲ |
| 3-Year CAGR | +4.5% ▲ |
| 5-Year CAGR | +5.1% ▲ |
| 10-Year CAGR | +4.2% ▲ |
🏠 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 (2.9%). 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 87410
Population: 14,372
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 87410
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 is the typical home price in Aztec, NM?
In Aztec, NM the median home value sits at $277K. Against the broader NM market, that reads as reasonable for most investors.
What is the renter demographic in Aztec, NM?
Aztec, NM offers a predictable renter base at the $1,025/mo rent level. Tenant turnover is reasonable for well-managed properties.
Is Aztec in NM worth investing in?
Our data puts Aztec, NM at 3.0/5 for investability. Home prices of $277K and rents around $1,025/mo create a solid backdrop for investor activity.
Is house hacking profitable in Aztec, NM?
House hacking in Aztec, NM is reasonable to execute. Prices around $277K and rents of $1,025/mo solid owner-occupant economics.
How should investors approach Aztec, NM?
Most investors in Aztec, NM run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
You know 87410 now. You don’t know where it ranks.
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How 87410 ranks in Farmington, NM
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