Real Estate Investing in Anthony, New Mexico (88021)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 88021 (Anthony, NM)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated poverty: 28.5% poverty rate — can affect rent collection.
- Lower household income: $39,242 median — tenant affordability is tighter.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Anthony, NM (88021)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 88021 Anthony
The 88021 ZIP covers a section of Anthony that demands careful diligence. Prices near $237K look accessible, but the work to make a deal cash flow is real.
Rent of $873/mo on a $237K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 88021 sits below the stated 0.0% once reality is priced in.
Statewide comparisons place 88021 among NM's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The 88021 ZIP's population of 16,102 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that registers the need for careful underwriting.
Distressed ZIPs reward experience. resilient returns are possible in 88021, 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 Anthony:
Property Strategy for 88021
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $139,805 | $890 | 4.6% | +9.0% | $139,805 |
| 2BR | $159,428 | $970 | 4.4% | +9.4% | $79,714 |
| 3BR | $222,889 | $1,350 | 4.4% | +9.3% | $74,296 |
| 4BR | $311,814 | $1,480 | 3.4% | +8.1% | $77,954 |
| 5BR | $594,730 | — | — | +7.9% | $118,946 |
Market Trends
Home Value History (with trend line)
📊 How Does 88021 Compare?
| Metric | 88021 | Anthony | Las Cruces, NM | New Mexico |
|---|---|---|---|---|
| Home Value | $237,436 | $236,319 | N/A | $308,799 |
| 5-Year CAGR | 6.4% | 6.9% | N/A | 7.3% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 2.9% | 2.9% | - | - |
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 88021 (Anthony, NM). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $237,436 |
| Monthly Rent | $873 |
| Price-to-Rent | 22.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.4% |
| Cap Rate | 2.9% |
| 5-Year IRR | 9.2% |
📈 Home Appreciation
| 1-Year | +1.3% ▲ |
| 3-Year CAGR | +2.7% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 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 88021
Population: 16,102
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 88021
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 do home values compare in Anthony, NM?
In Anthony, NM the median home value sits at $237K. Against the broader NM market, that reads as reasonable for most investors.
Does Anthony, NM favor landlords or tenants?
Rental owners in Anthony, NM deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
Does house hacking work in Anthony, NM?
House hacking in Anthony, NM is reasonable to execute. Prices around $237K and rents of $873/mo solid owner-occupant economics.
How should investors approach Anthony, NM?
In Anthony, NM the healthy play is typically careful cash-flow rentals with hands-on management. The combination of $237K prices and $873/mo rents suits that approach.
What is the tenant pool like in Anthony, NM?
Expect a solid tenant pool in Anthony, NM. The rental market absorbs $873/mo rents without meaningful friction.
You know 88021 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 88021 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 88021 ranks in Las Cruces, NM
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