None · Roswell, NM 88203

$65,000

3 bd · 1.0 ba · 962 sqft · SingleFamily public records · 231 Days on market

Built 1955 6,160 sqft lot $68/sqft · 14% below area Est $75k · 14% under ↓ 13% since listing

---

Why this score? — see what drove the B+ 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 +30.0/30.0
• ARV discount +13.6/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.8/5.0
• Schools +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

All offers from interested buyers must be entered online at auction.com for the duration of the time that this property is in auction. Registration to bid is now available on the property's listing page on auction.com An offer management fee of $200 (plus sales tax, where applicable) is charged by Pyramid Platform in connection with the use of Propoffers.com. This fee will be paid at closing from the agent representing the buyer as selling agent or transaction broker. Subject to seller's addendum For financed offers EMD to be 1% or $1000 whichever is greater and for cash/hard money offers EMD to be 5% or $5000 whichever is greater. EMD to be held by seller's title or attorney. All offers are subject to OFAC clearance. A viewing release must be signed and returned to our office before showing this property.

Key facts

• 6,160 sq ft lot
• Garage
• Built 1955

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $65k.

Deal economics

• At list price, monthly cash flow is $683 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $65k).
• Recommended offer: $57k (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: 177 active listings in the ZIP; lower-income renter base — watch delinquency; 88 units permitted in Chaves County in 2024 (0 in 5+ unit buildings).
• This rent runs 39% of the median local income ($42k/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 $449 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $18k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 231 days — a 12% lower offer ($57k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wildfire risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $57,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 231 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 1955 — 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: 2.10% ✓
• Cap rate: 18.91%
• Cash-on-cash: 45.07%
• DSCR: 3.01
• GRM: 4.0

CMA / ARV

• ARV (median comp): $75,260
• List price: $65,000
• Delta: -13.63%
• Verdict: UNDERPRICED
• Comps: 1 within 2.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 42.1%
• Equity multiple: 2.81×
• Total profit: $32,986
• Equity at exit: $9,692

10-year hold

• IRR: 48.3%
• Equity multiple: 5.66×
• Total profit: $84,724
• Equity at exit: $5,620

Cash invested: $18,200 (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 88203

• Home prices YoY: -34.1%
• Active inventory: 177
• Price-to-rent: 4.0×

Monthly cashflow live

• Estimated rent: $1,364 medium
• Mortgage (P&I): −$341
• Tax from tax record: −$26 /mo · $316/yr
• Insurance: −$27
• HOA: −$0
• Vacancy / Maint / Mgmt: −$286
• Net cashflow: $683

Break-even live

Break-even rent $499

Max offer price $65,000

Occupancy floor 45%

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: $16,250
• Closing costs: $1,950
• Reserves months: —
• Total cash needed: —

Listing history 19 events

1. 2026-06-19
   days on market $65,000 Active 231 DOM
2. 2026-06-18
   days on market $65,000 Active 230 DOM
3. 2026-06-17
   days on market $65,000 Active 229 DOM
4. 2026-06-16
   days on market $65,000 Active 228 DOM
5. 2026-06-15
   days on market $65,000 Active 227 DOM
6. 2026-06-14
   days on market $65,000 Active 225 DOM
7. 2026-06-12
   days on market $65,000 Active 224 DOM
8. 2026-06-09
   days on market $65,000 Active 221 DOM
9. 2026-06-08
   days on market $65,000 Active 220 DOM
10. 2026-06-07
    days on market $65,000 Active 219 DOM
11. 2026-06-05
    days on market $65,000 Active 216 DOM
12. 2026-06-03
    days on market $65,000 Active 215 DOM
13. 2026-06-02
    days on market $65,000 Active 214 DOM
14. 2026-06-01
    days on market $65,000 Active 213 DOM
15. 2026-05-31
    days on market $65,000 Active 212 DOM
16. 2026-05-30
    days on market $65,000 Active 211 DOM
17. 2026-02-19
    price $65,000 817-char remark

    Show marketing remark (817 chars)

    All offers from interested buyers must be entered online at auction.com for the duration of the time that this property is in auction. Registration to bid is now available on the property's listing page on auction.com An offer management fee of $200 (plus sales tax, where applicable) is charged by Pyramid Platform in connection with the use of Propoffers.com. This fee will be paid at closing from the agent representing the buyer as selling agent or transaction broker. Subject to seller's addendum For financed offers EMD to be 1% or $1000 whichever is greater and for cash/hard money offers EMD to be 5% or $5000 whichever is greater. EMD to be held by seller's title or attorney. All offers are subject to OFAC clearance. A viewing release must be signed and returned to our office before showing this property.

18. 2025-12-26
    price $70,000 817-char remark

    Show marketing remark (817 chars)

    All offers from interested buyers must be entered online at auction.com for the duration of the time that this property is in auction. Registration to bid is now available on the property's listing page on auction.com An offer management fee of $200 (plus sales tax, where applicable) is charged by Pyramid Platform in connection with the use of Propoffers.com. This fee will be paid at closing from the agent representing the buyer as selling agent or transaction broker. Subject to seller's addendum For financed offers EMD to be 1% or $1000 whichever is greater and for cash/hard money offers EMD to be 5% or $5000 whichever is greater. EMD to be held by seller's title or attorney. All offers are subject to OFAC clearance. A viewing release must be signed and returned to our office before showing this property.

19. 2025-10-30
    listed $75,000 Active 817-char remark

    Show marketing remark (817 chars)

    All offers from interested buyers must be entered online at auction.com for the duration of the time that this property is in auction. Registration to bid is now available on the property's listing page on auction.com An offer management fee of $200 (plus sales tax, where applicable) is charged by Pyramid Platform in connection with the use of Propoffers.com. This fee will be paid at closing from the agent representing the buyer as selling agent or transaction broker. Subject to seller's addendum For financed offers EMD to be 1% or $1000 whichever is greater and for cash/hard money offers EMD to be 5% or $5000 whichever is greater. EMD to be held by seller's title or attorney. All offers are subject to OFAC clearance. A viewing release must be signed and returned to our office before showing this property.

ⓘ 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: $316 · $26/mo
• Projected year-2 tax: $520 · $43/mo
• Expected delta: +$204/yr (+$17/mo · 64.8%)

ⓘ 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 6/10 Major
• 🌡 Heat 5/10 Major 7 d/yr ≥99°F today · 19 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: $16,371
• − Mortgage interest: −$3,641
• − Property taxes: −$316
• − Insurance: −$325
• − Repairs & maintenance: −$1,310
• − Management: −$1,310
• − Depreciation: −$1,891
• Taxable income: $7,579
• Est. tax owed @ 24.0%: −$1,819
• After-tax cash flow: $6,383/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): 28,753
• Household income: $42,207
• Rent vs Own: 34.7% rent · 65.3% own
• Severe rent burden: 995.0

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: Predominantly Hispanic (65%)
• Race & ethnicity: Hispanic / Latino 65% White 31% Two or more races 22% Black 2% Native American 1%
• Hispanic origin (detail): Mexican 58%
• Common ancestry: Slovak 1% Serbian 1% Lithuanian 1%
• Foreign-born: 12% · Canada
• Languages at home: 62% English-only · Spanish 38%

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: ▼ -78.30%
• Current HPI: 151.1401
• Rent YoY: —
• Metro: Roswell, NM
• State GDP YoY: —
• F500 in state: 0

Price history

-13.3% since first listed

3 events — show timeline

• 2026-02-19 Price Changed $65,000 NMMLS
• 2025-12-26 Price Changed $70,000 NMMLS
• 2025-10-30 Listed $75,000 NMMLS

Property tax history

+8.6%/yr

Latest (2025): $316 · -0.9% YoY. Source: county tax records.