707 E 5th St · Roswell, NM 88201

$155,000

3 bd · 1.0 ba · 980 sqft · SingleFamily public records · 127 Days on market

Built 1944 10,380 sqft lot $158/sqft · 106% above area

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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 +19.3/30.0
• ARV discount +7.5/15.0
• DSCR +6.1/10.0
• 1% rule +3.9/10.0
• 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

Great investment opportunity! This recently remodeled 3 bedroom, 1 bathroom home is currently tenant-occupied with a lease in place for the next 8 months, providing immediate rental income. With a strong offer, the existing lease may be bought out, offering flexibility for both investors and future owner-occupants. The home is easy to show and has been updated, making it a low-maintenance addition to any portfolio. The seller also owns two additional properties next door that can be purchased separately or together, creating an excellent opportunity for investors looking to acquire multiple neighboring rentals.

Key facts

• 0.24 acre lot
• Built 1944
• Listed 126 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $155k.

Deal economics

• At list price, monthly cash flow is $171 ($2k/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 $138k (11.2% below list).
• Recommended offer: $136k (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; 1 comparable units currently listed for rent nearby; 88 units permitted in Chaves County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 127 days — a 12% lower offer ($136k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1944 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate flood risk; 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 $136,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 127 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 1944 — 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. 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?
8. 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.
9. 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.
10. 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: 0.89% ✗
• Cap rate: 7.62%
• Cash-on-cash: 4.73%
• DSCR: 1.21
• GRM: 9.4

CMA / ARV

• ARV (median comp): $75,315
• List price: $155,000
• Delta: 105.80%
• Verdict: OVERPRICED
• Comps: 1 within 2.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: -7.7%
• Equity multiple: 0.71×
• Total profit: $-12,438
• Equity at exit: $23,111

10-year hold

• IRR: 3.3%
• Equity multiple: 1.25×
• Total profit: $10,709
• Equity at exit: $13,402

Cash invested: $43,400 (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: 9.4×

Monthly cashflow live

• Estimated rent: $1,376 medium
• Mortgage (P&I): −$813
• Tax from tax record: −$38 /mo · $461/yr
• Insurance: −$65
• HOA: −$0
• Vacancy / Maint / Mgmt: −$289
• Net cashflow: $171

Break-even live

Break-even rent $1,159

Max offer price $155,000

Occupancy floor 83%

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: $38,750
• Closing costs: $4,650
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
208 W 8th St Unit 003 Roswell, NM	2.0	1.0	850	$900	$1.06	43d	1	0.85mi

Listing history 18 events

1. 2026-06-19
   days on market $155,000 Active 127 DOM
2. 2026-06-18
   days on market $155,000 Active 126 DOM
3. 2026-06-17
   days on market $155,000 Active 125 DOM
4. 2026-06-16
   days on market $155,000 Active 124 DOM
5. 2026-06-15
   days on market $155,000 Active 123 DOM
6. 2026-06-14
   days on market $155,000 Active 121 DOM
7. 2026-06-12
   days on market $155,000 Active 120 DOM
8. 2026-06-09
   days on market $155,000 Active 117 DOM
9. 2026-06-08
   days on market $155,000 Active 116 DOM
10. 2026-06-07
    days on market $155,000 Active 115 DOM
11. 2026-06-05
    days on market $155,000 Active 112 DOM
12. 2026-06-03
    days on market $155,000 Active 111 DOM
13. 2026-06-02
    days on market $155,000 Active 110 DOM
14. 2026-06-01
    days on market $155,000 Active 109 DOM
15. 2026-05-31
    days on market $155,000 Active 108 DOM
16. 2026-05-30
    days on market $155,000 Active 107 DOM
17. 2026-02-12
    listed $155,000 Active 618-char remark

    Show marketing remark (618 chars)

    Great investment opportunity! This recently remodeled 3 bedroom, 1 bathroom home is currently tenant-occupied with a lease in place for the next 8 months, providing immediate rental income. With a strong offer, the existing lease may be bought out, offering flexibility for both investors and future owner-occupants. The home is easy to show and has been updated, making it a low-maintenance addition to any portfolio. The seller also owns two additional properties next door that can be purchased separately or together, creating an excellent opportunity for investors looking to acquire multiple neighboring rentals.

18. 2007-05-25
    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: $461 · $38/mo
• Projected year-2 tax: $1,240 · $103/mo
• Expected delta: +$779/yr (+$65/mo · 169.1%)

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

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone X (unshaded) · 54% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 5/10 Major 7 d/yr ≥99°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: $16,511
• − Mortgage interest: −$8,682
• − Property taxes: −$461
• − Insurance: −$775
• − Repairs & maintenance: −$1,321
• − Management: −$1,321
• − Depreciation: −$4,509
• Taxable loss: −$558
• Est. tax savings @ 24.0%: +$134
• After-tax cash flow: $2,188/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

2 events — show timeline

• 2026-02-12 Listed $155,000 NMMLS
• 2007-05-25 Sold (Public Records) — Public Records

Property tax history

-0.4%/yr

Latest (2025): $461 · -0.9% YoY. Source: county tax records.