Real Estate Investing in Roswell, New Mexico (88201)

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

Chaves County • Population: 27,715 • Data updated: September 2026

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Should you buy in 88201 (Roswell, NM)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (57/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
1 flag
  • High vacancy: 13.4% of homes vacant — above national norms.

What’s happening in Roswell, NM (88201)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $233,555
Avg Monthly Rent $1,371
1% Rule ✗ Does Not Meet
Median Income $61,464
% Renters 30.1%

Market Analysis: 88201 Roswell

Investors eyeing 88201 need to respect the fundamentals at play. Home values of $234K come alongside slower price movement and elevated management overhead.

Looking more closely, the numbers look inviting — $234K purchase price, 0.0% nominal cap — the work to hit that pro forma in 88201 is substantial and deserves full respect.

In the broader NM picture, 88201 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

The demographic picture in 88201 includes headwinds that any investor should price in. Income distribution skews lower than Roswell averages, and tenant stability requires active management.

New investors are better served looking at Roswell's stable or hybrid ZIPs before stepping into 88201. The learning curve here is expensive when the lesson is wrong.

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 Roswell:

C+ Average
Buy Confidence Score: 63/100
Affordability
15/25
Appreciation
14/25
Stability
13/20
Timing
6/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.8× the median income
Value Trend
Rising (+4.6%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,371/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
Roswell, NM Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
5.1%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Roswell, NM metro data
🏠

Property Strategy for 88201

Which property type performs best in this market?

Best for Cash Flow
2BR
5.3% cap rate
Best for Appreciation
2BR
+5.4% 5yr CAGR
Best Overall Value
2BR
$79,629/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $159,258 $1,180 5.3% +5.4% $79,629
3BR $249,323 $1,570 4.5% +5.2% $83,108
4BR $367,934 $1,720 3.4% +5.0% $91,983
5BR $438,106 +4.8% $87,621

Market Trends

Home Value History (with trend line)

$241K$221K$200K$179K$159K$138KJan 2009Oct 2017Jul 2026

Rent History (with trend line)

$1,535$1,478$1,420$1,362$1,304$1,246Mar 2025Nov 2025Jul 2026

📊 How Does 88201 Compare?

Metric 88201 Roswell Roswell, NM New Mexico
Home Value $233,555 $189,359 N/A $308,799
5-Year CAGR 2.7% 1.9% N/A 7.3%
Avg Rent $1,371 $1,299 N/A -
Cap Rate 4.6% 5.6% - -
💡 Why Invest in 88201? Click to expand

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

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 88201 (Roswell, NM). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.6%
Fair
5yr Growth
+2.7%
Slow

📉 Market Crash Risk Index

Based on Roswell, NM metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
64%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $233,555
Monthly Rent $1,371
Price-to-Rent 14.2:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 7.0%
Cap Rate 4.6%
5-Year IRR 7.3%

📈 Home Appreciation

1-Year +4.6% ▲
3-Year CAGR +2.9% ▲
5-Year CAGR +2.7% ▲
10-Year CAGR +4.6% ▲

🏠 Rent Trends

1-Year +5.8% ▲
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.6%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.6%). 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
13.4%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+2.7%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 88201

Population: 27,715

💰 Median Household Income
$61,464
This area
$61,464
State
$55,880
USA
$74,580
🏠 Renter Occupied
30.1%
This area
30.1%
State
21.3%
USA
34.0%
💼 Unemployment Rate
2.1%
This area
2.1%
State
-32.0%
USA
3.7%
🎓 College Educated
27.2%
This area
27.2%
State
-18.1%
USA
33.7%
👤 Median Age
36.8 years
This area
36.8 years
State
-44.7 years
USA
38.9 years
🏚️ Vacancy Rate
13.4%
This area
13.4%
State
29.3%
USA
10.5%
👥 Population by Ethnicity
White 73.3%
Other/Mixed 22.3%
Hispanic/Latino 19.7%
Asian 2.6%
Black/African American 1.7%
👶 Under 18
25.1%
This area
25.1%
USA
22.0%
👴 65 and Over
17.3%
This area
17.3%
USA
17.3%
📊 Poverty Rate
11.4%
This area
11.4%
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 88201

B+ Avg School Grade
6 Schools
15.7:1 Avg Class Size
$14,402 Avg Per Pupil

Schools in This ZIP Code

A Very Good

BERRENDO MIDDLE

📚 06 – 08 Middle
👥
598 Students
👨‍🏫
14.4:1 Class Size
💰
$14,402 Per Student
A Very Good

MILITARY HEIGHTS ELEMENTARY

📚 Pre-K – 05 Elementary
👥
428 Students
👨‍🏫
14.3:1 Class Size
💰
$14,402 Per Student
B+ Above Average

BERRENDO ELEMENTARY

📚 Pre-K – 05 Elementary
👥
360 Students
👨‍🏫
18.0:1 Class Size
💰
$14,402 Per Student
B+ Above Average

DEL NORTE ELEMENTARY

📚 K – 05 Elementary
👥
515 Students
👨‍🏫
15.5:1 Class Size
💰
$14,402 Per Student
B+ Above Average

WASHINGTON AVE ELEMENTARY

📚 Pre-K – 05 Elementary
👥
288 Students
👨‍🏫
15.6:1 Class Size
💰
$14,402 Per Student
B Good

GODDARD HIGH

📚 09 – 12 High School
👥
1,104 Students
👨‍🏫
16.7:1 Class Size
💰
$14,402 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

Is housing expensive in Roswell, NM?

Homes in Roswell, NM typically sell near $234K. Prices have moved at a 0.0% 5-year CAGR, which consistent long-term demand.

How does Roswell, NM stack up for property investment?

Roswell, NM rates 3.0/5 for investability. With median values at $234K and rents near $1,371/mo, the market offers reasonable fundamentals for rental investors.

How strict are landlord regulations in Roswell, NM?

NM law landlord-friendly for landlords, and Roswell inherits those rules. Investors should still review local ordinances for rental licensing.

What are rental rates like in Roswell, NM?

Expect rents around $1,371/mo per month in Roswell, NM. With home values at $234K, the yield math works out to reasonable levels for rental investors.

Does a duplex house hack pencil in Roswell, NM?

Roswell, NM offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,371/mo rent level.

You know 88201 now. You don’t know where it ranks.

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