713 La Fonda Dr · Roswell, NM 88201

$220,000

3 bd · 2.0 ba · 2,106 sqft · SingleFamily public records · 170 Days on market

Built 1978 5,959 sqft lot ↓ 8% since listing

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Why this score? — see what drove the C- 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 +21.1/30.0
• ARV discount +7.5/15.0
• DSCR +6.7/10.0
• 1% rule +4.6/10.0
• Livability +3.8/5.0
• Rent growth +3.6/5.0
• Schools +2.6/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Motivated seller! Enjoy peace of mind with a roof and HVAC under 10 years old in this move in ready home with brand new carpet, in a prime location. Inside, you’ll find a spacious master suite, living room with high ceilings along with an extra room ideal for an office, game room, or workout space. Step outside to a large backyard that’s perfect for kids, pets, and entertaining. This one checks all the boxes, so don’t miss it.

Key facts

• Large backyard
• 5,959 sq ft lot
• 2 garage spots

Tags

• ROOF UNDER 10 YEARS OLD
• HVAC UNDER 10 YEARS OLD
• SPACIOUS MASTER SUITE
• LARGE BACKYARD

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $220k.

Deal economics

• At list price, monthly cash flow is $315 ($4k/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 $212k (3.6% below list).
• Recommended offer: $194k (12.0% below list) — sets the bar for market timing.

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, schools F, crime 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.
• Market conditions: Rents rising fast (+4.3%/yr); 248 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 44d 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 41% 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 $7k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 170 days — a 12% lower offer ($194k) is reasonable based on typical stale-listing flexibility.

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 $193,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 170 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 0.96% ✗
• Cap rate: 8.01%
• Cash-on-cash: 6.14%
• DSCR: 1.27
• GRM: 8.6

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: -5.5%
• Equity multiple: 0.79×
• Total profit: $-12,790
• Equity at exit: $32,803

10-year hold

• IRR: 5.5%
• Equity multiple: 1.43×
• Total profit: $26,468
• Equity at exit: $19,022

Cash invested: $61,600 (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: 248
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $2,121 medium
• Mortgage (P&I): −$1,154
• Tax from tax record: −$115 /mo · $1,379/yr
• Insurance: −$92
• HOA: −$0
• Vacancy / Maint / Mgmt: −$445
• Net cashflow: $315

Break-even live

Break-even rent $1,722

Max offer price $220,000

Occupancy floor 80%

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: $55,000
• Closing costs: $6,600
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3014 N Garden Ave Roswell, NM	3.0	2.0	2101	$2,100	$1.00	43d	1	0.18mi
5 La Paloma Pl Roswell, NM	3.0	2.5	2401	$3,300	$1.37	43d	1	0.38mi
703 Broken Arrow Rd Unit 743 Roswell, NM	3.0	2.0	1405	$1,850	$1.32	43d	1	0.59mi
55 Brentwood Rd Unit 1 Roswell, NM	3.0	2.0	1805	$1,600	$0.89	43d	1	1.48mi

Listing history 17 events

1. 2026-06-15
   status $220,000 Pending 170 DOM
2. 2026-06-15
   days on market $220,000 Active 170 DOM
3. 2026-06-14
   days on market $220,000 Active 168 DOM
4. 2026-06-12
   days on market $220,000 Active 167 DOM
5. 2026-06-09
   days on market $220,000 Active 164 DOM
6. 2026-06-08
   days on market $220,000 Active 163 DOM
7. 2026-06-07
   days on market $220,000 Active 162 DOM
8. 2026-06-05
   days on market $220,000 Active 159 DOM
9. 2026-06-03
   days on market $220,000 Active 158 DOM
10. 2026-06-02
    days on market $220,000 Active 157 DOM
11. 2026-06-01
    days on market $220,000 Active 156 DOM
12. 2026-05-31
    days on market $220,000 Active 155 DOM
13. 2026-05-30
    days on market $220,000 Active 154 DOM
14. 2026-04-15
    price $230,000 448-char remark

    Show marketing remark (448 chars)

    Motivated seller! Enjoy peace of mind with a roof and HVAC under 10 years old in this move in ready home with brand new carpet, in a prime location. Inside, you’ll find a spacious master suite, living room with high ceilings along with an extra room ideal for an office, game room, or workout space. Step outside to a large backyard that’s perfect for kids, pets, and entertaining. This one checks all the boxes, so don’t miss it.

15. 2026-01-13
    price $240,000 448-char remark

    Show marketing remark (448 chars)

    Motivated seller! Enjoy peace of mind with a roof and HVAC under 10 years old in this move in ready home with brand new carpet, in a prime location. Inside, you’ll find a spacious master suite, living room with high ceilings along with an extra room ideal for an office, game room, or workout space. Step outside to a large backyard that’s perfect for kids, pets, and entertaining. This one checks all the boxes, so don’t miss it.

16. 2025-12-28
    listed $250,000 Active 448-char remark

    Show marketing remark (448 chars)

    Motivated seller! Enjoy peace of mind with a roof and HVAC under 10 years old in this move in ready home with brand new carpet, in a prime location. Inside, you’ll find a spacious master suite, living room with high ceilings along with an extra room ideal for an office, game room, or workout space. Step outside to a large backyard that’s perfect for kids, pets, and entertaining. This one checks all the boxes, so don’t miss it.

17. 2001-02-28
    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: $1,379 · $115/mo
• Projected year-2 tax: $1,760 · $147/mo
• Expected delta: +$381/yr (+$32/mo · 27.6%)

ⓘ 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: $25,450
• − Mortgage interest: −$12,323
• − Property taxes: −$1,379
• − Insurance: −$1,100
• − Repairs & maintenance: −$2,036
• − Management: −$2,036
• − Depreciation: −$6,400
• Taxable income: $175
• Est. tax owed @ 24.0%: −$42
• After-tax cash flow: $3,740/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

-8.0% since first listed

4 events — show timeline

• 2026-04-15 Price Changed $230,000 NMMLS
• 2026-01-13 Price Changed $240,000 NMMLS
• 2025-12-28 Listed $250,000 NMMLS
• 2001-02-28 Sold (Public Records) — Public Records

Property tax history

+1.6%/yr

Latest (2025): $1,379 · -0.9% YoY. Source: county tax records.