Real Estate Investing in Rociada, New Mexico (87742)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 87742 (Rociada, 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: 46.9% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 34.6 — hard to cash-flow at these prices.
• 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 Rociada, NM (87742)?
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Market Analysis: 87742 Rociada
ZIP 87742 in Rociada, NM carries a healthy set of headwinds. Home values near $374K and rents of $900/mo sit inside a market where underwriting has to be tight.
The investment case in 87742 is healthy only for operators who understand what they are buying. A $374K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
ZIP 87742's metrics run below Mora County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The 87742 ZIP's population of 343 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that sits at the need for careful underwriting.
The right play in 87742 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Rociada:
Market Trends
Home Value History (with trend line)
📊 How Does 87742 Compare?
| Metric | 87742 | Rociada | Las Vegas, NM | New Mexico |
|---|---|---|---|---|
| Home Value | $373,671 | $373,671 | N/A | $308,799 |
| 5-Year CAGR | N/A | N/A | N/A | 7.3% |
| Avg Rent | $900 | $900 | N/A | - |
| Cap Rate | 1.9% | 1.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 87742 (Rociada, NM). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $373,671 |
| Monthly Rent | $900 |
| Price-to-Rent | 34.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.9% |
| Cap Rate | 1.9% |
| 5-Year IRR | 7.3% |
📈 Home Appreciation
| 1-Year | +10.2% ▲ |
| 3-Year CAGR | +5.5% ▲ |
| 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 (1.9%). 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 87742
Population: 343
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
Frequently Asked Questions
Does Rociada, NM make sense for an investment property?
Rociada, NM registers an investability rating of 2.0/5, with median home values near $374K and average rents around $900/mo. That combination puts it in the resilient tier for investor interest.
What is the average monthly rent in Rociada, NM?
The typical rental in Rociada, NM commands about $900/mo monthly. That rent profile stable cash flow against the $374K purchase basis.
Is Rociada, NM good for landlords?
Rental owners in Rociada, NM deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
How should investors approach Rociada, NM?
Investors usually favor careful cash-flow rentals with hands-on management in Rociada, NM. With home values at $374K and rents near $900/mo, other strategies can work but produce stable rather than outsized returns.
How quickly do rentals get leased in Rociada, NM?
Vacancy in Rociada, NM is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $900/mo.
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