Is Roosevelt County, NM good for real estate investing?

Roosevelt County has an investment score of 67/100, rated as "Buy". The county ranks #208 nationally among 1000 counties analyzed.

What is the rent-to-price ratio in Roosevelt?

The rent-to-price ratio in Roosevelt County is 7.01% annually, which ranks in the 74th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Roosevelt?

The median home price in Roosevelt County is $147,590. This ranks #151 in affordability among all US counties.

Can you cash flow on rental properties in Roosevelt?

Based on median values with 20% down at current rates, a typical rental in Roosevelt County would generate negative cash flow of $213/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Roosevelt County

New MexicoPopulation: 19,142

/100

Hold

#208 of 1,000 counties

#3 in New Mexico (30 counties)

Analysis by RentalCalcs ResearchIndependent data + algorithm-driven scoring

Updated July 28, 2026Sources: Zillow ZHVI, Zillow ZORI, US Census ACS, Tax Foundation

Market Snapshot

$147,590

Median Home Price

36% below national median

$862/mo

Median Rent

41% below national median

7.01%

Rent-to-Price Ratio

Top 26% nationally

-$213

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Scenario comparison

Same $862/mo rent assumption, 20% down, 6.85% rate. What changes is the acquisition price.

Scenario	Purchase price	Monthly cash flow	Cap rate	Cash-on-cash
75% of median value-add or distressed	$110,693	-$20/mo	6.1%	-0.9%
Median typical MLS deal	$147,590	-$213/mo	4.5%	-7.5%
125% of median newer / premium	$184,488	-$407/mo	3.6%	-11.5%

Price History

Median Home Price

Median Rent

Historical data from Zillow ZHVI/ZORI

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$147,590

Down Payment (20%)$29,518

Loan Amount$118,072

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$862

Monthly P&I-$774

Est. Expenses (35%)-$302

Net Cash Flow-$213/mo

4.5%

Cap Rate (all cash)

-7.5%

Cash-on-Cash Return

7.01%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.5% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

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Score Breakdown

Overall Investment Score

67/100

Cash Flow(30%)

70/100

Based on 7.01% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

54/100

Based on 0.4% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

98/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

+Above-average rent-to-price ratio (7.01%)
+Affordable relative to local incomes
+Complete rent data available

Challenges

-Negative cash flow at typical financing (-$213/mo)
-Negative leverage (cap rate 4.5% < mortgage rate 6.9%)

Economic Indicators

Population

19,142

Median Income

—

Data pending

Unemployment Rate

—

Data pending

Price-to-Income

—

Data pending

Who this market fits

Best for

+All-cash buyers: removing debt service flips the cap rate to actual yield
+Value-add operators who can buy below median and force rent up

Skip if

−You need positive cash flow on day one at typical leverage
−You can't tolerate negative leverage (cap rate below mortgage rate today)

Compare to Nearby Counties

County					Verdict
LeaNM	70	$189,259	$1,363	8.64%	Buy	View
CibolaNM	68	$154,549	Est. pending	—	Buy	View
CurrentRooseveltNM	67	$147,590	$862	7.01%	Buy
San MiguelNM	65	$257,118	Est. pending	—	Buy	View
OteroNM	64	$227,246	$1,489	7.87%	Buy	View
ValenciaNM	64	$304,037	$1,929	7.62%	Buy	View

The Bottom Line

HoldRoosevelt scores well overall, but a typical leveraged buy-and-hold loses $213/mo at current rates. Consider house hacking, value-add, or all-cash; otherwise a worse score with positive cash flow may be the better deal.

Roosevelt County in New Mexico scores 67/100, ranking #208 of 1,000 US counties (top 27%). At 20% down and current rates, a median-priced rental loses about $213/month; the 7.01% gross rent-to-price ratio doesn't survive debt service. The thesis here is appreciation, value-add, house hacking, or all-cash.

Monthly Cash Flow

$-213/mo

Cap Rate

4.5%

Cash-on-Cash

-7.5%

Related markets

Markets like Roosevelt with stronger cash flow

Head-to-head comparisons

All counties in New Mexico →

Rent vs buy in New Mexico cities

Rent vs buy in Albuquerque, NMMedian $339,865 · rent $1,478/mo Rent vs buy in Las Cruces, NMMedian $285,598 · rent $1,459/mo Rent vs buy in Rio Rancho, NMMedian $366,487 · rent $1,917/mo Rent vs buy in Santa Fe, NMMedian $543,970 · rent $2,000/mo Rent vs buy in Farmington, NMMedian $259,732 · rent $1,415/mo All New Mexico citiesFull rent-vs-buy directory for the state

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