Real Estate Investing in Tatum, New Mexico (88267)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 88267 (Tatum, NM)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 20.3% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Tatum, NM (88267)?
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Market Analysis: 88267 Tatum
ZIP 88267 in Tatum, NM carries a sturdy set of headwinds. Home values near $132K and rents of $1,035/mo sit inside a market where underwriting has to be tight.
The investment case in 88267 is sturdy only for operators who understand what they are buying. A $132K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Nearby ZIPs in Tatum have seen price recovery that 88267 has not matched. Lea County data supports the view that the spread is structural rather than temporary.
From a cash-flow lens, 1,437 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.
Distressed ZIPs reward experience. notable returns are possible in 88267, 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 Tatum:
Market Trends
Home Value History (with trend line)
📊 How Does 88267 Compare?
| Metric | 88267 | Tatum | Hobbs, NM | New Mexico |
|---|---|---|---|---|
| Home Value | $132,288 | $132,288 | N/A | $308,799 |
| 5-Year CAGR | N/A | N/A | N/A | 7.3% |
| Avg Rent | $1,035 | $1,035 | N/A | - |
| Cap Rate | 6.1% | 6.1% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 88267 (Tatum, NM). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $132,288 |
| Monthly Rent | $1,035 |
| Price-to-Rent | 10.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.4% |
| Cap Rate | 6.1% |
| 5-Year IRR | N/A |
📈 Home Appreciation
| 1-Year | +5.9% ▲ |
| 3-Year CAGR | -13.5% ▼ |
| 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 (6.1%). 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 88267
Population: 1,437
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 88267
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
Is Tatum, NM good for landlords?
Landlord-friendliness in Tatum, NM is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Is it easy to find good tenants in Tatum, NM?
Tatum, NM draws a measured base of working renters. Demand at the $1,035/mo rent level is reasonable for standard single-family and small multi rentals.
What does house hacking look like in Tatum, NM?
Tatum, NM offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,035/mo rent level.
Is Tatum, NM a smart market for rental property?
Our data puts Tatum, NM at 3.0/5 for investability. Home prices of $132K and rents around $1,035/mo create a solid backdrop for investor activity.
Is housing expensive in Tatum, NM?
Homes in Tatum, NM typically sell near $132K. Prices have moved at a 0.0% 5-year CAGR, which stable long-term demand.
You know 88267 now. You don’t know where it ranks.
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How 88267 ranks in Hobbs, NM
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