Real Estate Investing in Angel Fire, New Mexico (87710)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Colfax County • Population: 1,472 • Data updated: September 2026

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Should you buy in 87710 (Angel Fire, NM)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (41/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • High vacancy: 79.9% of homes vacant — above national norms.
  • High price-to-rent: Price-to-rent ratio 33.0 — 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 Angel Fire, NM (87710)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $519,931
Avg Monthly Rent $1,314
1% Rule ✗ Does Not Meet
Median Income $69,153
% Renters 19.1%

Market Analysis: 87710 Angel Fire

In practical terms, ZIP 87710 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $520K median. It rewards specialists, not generalists.

Distressed markets are won on execution, not on spreadsheets. ZIP 87710 comes in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

In the broader NM picture, 87710 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

Turning to rents, 1,472 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.

Strategy in 87710 is an operator game, not a passive one. Looking more closely, entry prices of $520K are inviting, the management lift is real and non-optional.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Angel Fire:

C Below Average
Buy Confidence Score: 57/100
Affordability
5/25
Appreciation
22/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 7.5× the median income
Value Trend
Declining (-0.1%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,314/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
🏠

Property Strategy for 87710

Which property type performs best in this market?

Best for Cash Flow
2BR
3.7% cap rate
Best for Appreciation
3BR
+10.5% 5yr CAGR
Best Overall Value
2BR
$142,244/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $284,488 $1,460 3.7% +8.1% $142,244
3BR $603,442 $1,950 2.3% +10.5% $201,147
4BR $814,295 $2,350 2.1% +10.5% $203,574

Market Trends

Home Value History (with trend line)

$546K$476K$406K$336K$266K$197KJul 2009Jan 2018Jul 2026

📊 How Does 87710 Compare?

Metric 87710 Angel Fire New Mexico
Home Value $519,931 $519,931 $308,799
5-Year CAGR 5.7% 5.7% 7.3%
Avg Rent $1,314 $1,314 -
Cap Rate 2.0% 2.0% -
💡 Why Invest in 87710? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 87710 (Angel Fire, NM). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.0%
Low
5yr Growth
+5.7%
Moderate

📊 Market Snapshot

Home Value $519,931
Monthly Rent $1,314
Price-to-Rent 33.0:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.0%
Cap Rate 2.0%
5-Year IRR 7.7%

📈 Home Appreciation

1-Year -0.1% ▼
3-Year CAGR +2.8% ▲
5-Year CAGR +5.7% ▲
10-Year CAGR +7.3% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.0%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.0%). 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.

Vacancy
79.9%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.7%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 87710

Population: 1,472

💰 Median Household Income
$69,153
This area
$69,153
State
$55,880
USA
$74,580
🏠 Renter Occupied
19.1%
This area
19.1%
State
21.3%
USA
34.0%
💼 Unemployment Rate
2.1%
This area
2.1%
State
-32.0%
USA
3.7%
🎓 College Educated
54.1%
This area
54.1%
State
-18.1%
USA
33.7%
👤 Median Age
57.7 years
This area
57.7 years
State
-44.7 years
USA
38.9 years
🏚️ Vacancy Rate
79.9%
This area
79.9%
State
29.3%
USA
10.5%
👥 Population by Ethnicity
White 87.0%
Other/Mixed 11.6%
Hispanic/Latino 3.7%
Black/African American 0.9%
Asian 0.4%
👶 Under 18
16.9%
This area
16.9%
USA
22.0%
👴 65 and Over
36.9%
This area
36.9%
USA
17.3%
📊 Poverty Rate
4.7%
This area
4.7%
USA
11.5%

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 87710

A Avg School Grade
1 Schools
9.2:1 Avg Class Size
$30,572 Avg Per Pupil

Schools in This ZIP Code

A Very Good

MORENO VALLEY HIGH

📚 09 – 12 High School Charter
👥
50 Students
👨‍🏫
9.2:1 Class Size
💰
$30,572 Per Student
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

Should investors worry about vacancy in Angel Fire, NM?

Angel Fire, NM carries elevated vacancy risk. Expect stable absorption at market rents of $1,314/mo.

What real estate strategy is ideal for Angel Fire, NM?

Investors who focus on careful cash-flow rentals with hands-on management typically do well in Angel Fire, NM. The numbers - $520K homes against $1,314/mo rents - support that play.

Is Angel Fire, NM a smart market for rental property?

Yes - Angel Fire, NM a 3.0/5 investability score. With $520K home prices against $1,314/mo monthly rent, the market delivers a reasonable entry point for new investors.

What price range are homes in Angel Fire, NM?

In Angel Fire, NM the median home value sits at $520K. Against the broader NM market, that reads as reasonable for most investors.

What is the average monthly rent in Angel Fire, NM?

Investors in Angel Fire, NM typically see rents near $1,314/mo per month against $520K home values - a solid setup for rental cash flow.

You know 87710 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 87710 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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