312 Twin Diamond Rd · Roswell, NM 88201

$259,000

3 bd · 2.0 ba · 1,813 sqft · SingleFamily public records · 14 Days on market

Built 1981 9,240 sqft lot ↓ 4% since listing

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +13.5/30.0
• ARV discount +7.5/15.0
• DSCR +4.1/10.0
• Livability +3.8/5.0
• Rent growth +3.6/5.0
• 1% rule +2.7/10.0
• Schools +2.6/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

BACK ON MARKET DUE TO NO FAULT OF ITS OWN! NE Roswell gem loaded with extras! This 4-bed, 2-bath home brings the heat with RV hookups, a fully equipped workshop, and lifestyle-ready outdoor spaces. From the moment you arrive, the paved front yard sets the tone, complete with RV hookups featuring both 45- and 110-amp outlets plus a cleanout—ready for your rig. Step inside to find laminate flooring flowing seamlessly through the main traffic areas. The inviting living room is anchored by a classic brick fireplace, creating a warm and welcoming space. The living area opens effortlessly into the shared dining and kitchen, ideal for entertaining. The custom kitchen shines with raised cente

Key facts

• Walk-in closet
• Paved front yard
• Granite countertops

Tags

• RV HOOKUPS
• FULLY EQUIPPED WORKSHOP
• PAVED FRONT YARD
• GRANITE COUNTERTOPS
• DEDICATED LAUNDRY AREA
• WALK-IN CLOSET

Property features AI

Exterior

• Parking: No garage
• Home design: Single-family residence; One story / single-level
• Construction: Stucco and brick construction
• Exterior features: Outdoor kitchen; Dog run; Patio; Back yard fencing; Shed(s); Workshop

Interior

• Kitchen: Microwave; Free-standing range; Refrigerator; Water purifier
• Flooring: Carpet; Laminate; Vinyl
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central air conditioning; Ceiling fan(s); Forced air heating; Natural gas heating
• Interior features: Ceiling fans; Pantry; Walk-in closets; Blinds on windows; Wood-burning fireplace in the living room
• Laundry & utility: Gas water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $259k.

Deal economics

• At list price, monthly cash flow is $7 ($86/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $200k (22.7% below list).
• Recommended offer: $200k (22.7% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 75/100 on livability (#8 in NM, #4,339 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D, crime F, amenities F.
• Roswell Independent Schools (town): math 11% / reading 52% proficiency, ranked #16 of 29 in NM (top 55%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 75% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Berrendo Elementary (math 12% / reading 62%, grade F, #42 of 68 statewide, top 64%, 344 students, 100% FRL); Berrendo Middle (math 11% / reading 57%, grade F, #8 of 27 statewide, top 27%, 663 students, 100% FRL); Goddard High (math 32% / reading 52%, grade F, #59 of 110 statewide, top 53%, 1,155 students, 0% FRL).
• Market conditions: Rents rising fast (+4.3%/yr); 252 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 88 units permitted in Chaves County in 2024 (0 in 5+ unit buildings).
• This rent runs 39% of the median local income ($62k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.

Negotiation context

• Only 14 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: major wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $200,133 (22.7% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
3. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
4. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.77% ✗
• Cap rate: 6.33%
• Cash-on-cash: 0.12%
• DSCR: 1.01
• GRM: 10.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 4.32% rent growth · sell at horizon

5-year hold

• IRR: -14.9%
• Equity multiple: 0.46×
• Total profit: $-38,921
• Equity at exit: $38,618

10-year hold

• IRR: -4.5%
• Equity multiple: 0.69×
• Total profit: $-22,367
• Equity at exit: $22,394

Cash invested: $72,520 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 55 Moderately Landlord-Leaning
• State New Mexico: 55 Moderately Landlord-Leaning · D+3
• County: — inherits STATE
• City: — inherits STATE

3-day notice but with cure rights; relocation assistance in some cities.

Methodology + full state rankings →

ZIP-level market 88201

• Rents YoY: 4.3%
• Active inventory: 252
• Price-to-rent: 10.8×

Monthly cashflow live

• Estimated rent: $2,001 medium
• Mortgage (P&I): −$1,358
• Tax from tax record: −$108 /mo · $1,293/yr
• Insurance: −$108
• HOA: −$0
• Vacancy / Maint / Mgmt: −$420
• Net cashflow: $7

Break-even live

Break-even rent $1,992

Max offer price $259,000

Occupancy floor 95%

Sensitivity live

Price	-10% $154	-5% $80	+0% $7	+5% $-66	+10% $-139
Rent	-10% $-151	-5% $-72	+0% $7	+5% $86	+10% $165
Rate	-1.0pp $138	-0.5pp $73	base $7	+0.5pp $-60	+1.0pp $-128

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $64,750
• Closing costs: $7,770
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
703 Broken Arrow Rd Unit 743 Roswell, NM	3.0	2.0	1405	$1,850	$1.32	45d	1	0.29mi
3014 N Garden Ave Roswell, NM	3.0	2.0	2101	$2,100	$1.00	45d	1	0.54mi
5 La Paloma Pl Roswell, NM	3.0	2.5	2401	$3,300	$1.37	45d	1	0.94mi

Listing history 22 events

1. 2026-06-21
   days on market $259,000 Active 14 DOM
2. 2026-06-19
   days on market $259,000 Active 12 DOM
3. 2026-06-18
   days on market $259,000 Active 11 DOM
4. 2026-06-17
   days on market $259,000 Active 10 DOM
5. 2026-06-16
   days on market $259,000 Active 9 DOM
6. 2026-06-15
   days on market $259,000 Active 8 DOM
7. 2026-06-14
   days on market $259,000 Active 6 DOM
8. 2026-06-13
   status $259,000 Active 5 DOM
9. 2026-06-07
   statusdays on market $259,000 Pending 5 DOM
10. 2026-06-05
    days on market $259,000 Active 4 DOM
11. 2026-06-03
    days on market $259,000 Active 3 DOM
12. 2026-06-02
    days on market $259,000 Active 2 DOM
13. 2026-06-01
    remarks 693-char remark
14. 2026-06-01
    days on marketlisting id $259,000 Active 1 DOM
15. 2026-05-31
    days on market $259,000 Active 117 DOM
16. 2026-05-30
    days on market $259,000 Active 116 DOM
17. 2026-04-17
    price $259,000 1804-char remark
18. 2026-03-10
    price $269,000 1804-char remark
19. 2026-02-03
    listed $275,000 Active 1804-char remark
20. 2019-01-18
    soldstatus
21. 2017-05-04
    soldstatus
22. 2005-12-28
    soldstatus

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast NM · Resets to sale price

• Current annual tax: $1,293 · $108/mo
• Projected year-2 tax: $2,072 · $173/mo
• Expected delta: +$779/yr (+$65/mo · 60.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 7/10 Severe
• 🌡 Heat 5/10 Major 7 d/yr ≥100°F today · 20 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,016
• − Mortgage interest: −$14,508
• − Property taxes: −$1,293
• − Insurance: −$1,295
• − Repairs & maintenance: −$1,921
• − Management: −$1,921
• − Depreciation: −$7,535
• Taxable loss: −$4,457
• Est. tax savings @ 24.0%: +$1,070
• After-tax cash flow: $1,156/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Roswell Independent Schools
• NCES district ID: 3502250
• Math proficiency: 11% ▼ -9.00%
• Reading proficiency: 52% ▲ 23.00%
• Median HH income: $38,848
• Composite: 26.21/100
• National rank: #7262
• State rank: #16 of 29 in NM

Livability — Roswell

• Score: 75/100
• State rank: #8
• US rank: #4339

Category grades

Amenities F Commute A+ Cost of living A+ Crime F Employment D Housing A+ Health & safety A+ User ratings B

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Roswell, NM
• County: Chaves County · 56,277 people
• City population: 56,277
• Metro: Roswell, NM
• Population (ZIP): 27,524
• Household income: $61,780
• Rent vs Own: 24.5% rent · 75.5% own
• Severe rent burden: 603.0

Population outlook (Chaves County) Hauer SSP2

• Today (2025): 66,122 people
• By 2030: 66,351 · +0.3%
• By 2040: 66,818 · +1.1%
• By 2050: 66,928 · +1.2%
• By 2075: 65,474 · -1.0%
• By 2100: 58,943 · -10.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: Hispanic / Latino 50% White 44% Two or more races 16% Asian 2% Black 1%
• Hispanic origin (detail): Mexican 38%
• Common ancestry: Slovak 2% Italian 1% Serbian 1%
• Foreign-born: 9% · Canada
• Languages at home: 73% English-only · Spanish 23% Tagalog/Filipino 1% Other Asian/Pacific 1%

Political lean MEDSL · Chaves

• 2024 margin: Solid R (+44.8) · D 26.8% · R 71.6% · Other 1.6%
• 2008→2024 swing: -20.2pp toward R · 2008: -24.7pp · 2024: -44.8pp
• All cycles: 2024: R+44.8 2020: R+41.3 2016: R+36.4 2012: R+32.4 2008: R+24.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -130.52%
• Current HPI: 149.3526
• Rent YoY: ▲ 4.32%
• Metro: Roswell, NM
• State GDP YoY: —
• F500 in state: 0

Price history

-3.7% since first listed

8 events — show timeline

• 2026-06-12 Relisted — NMMLS
• 2026-06-05 Pending — NMMLS
• 2026-05-31 Listed $259,000 NMMLS
• 2026-04-17 Price Changed $259,000 NMMLS
• 2026-03-10 Price Changed $269,000 NMMLS
• 2019-01-18 Sold (Public Records) — Public Records
• 2017-05-04 Sold (Public Records) — Public Records
• 2005-12-28 Sold (Public Records) — Public Records

Property tax history

+0.4%/yr

Latest (2025): $1,293 · -0.9% YoY. Source: county tax records.