Markets / New Mexico
Where rentals cash flow in New Mexico.
2 of the top 30 New Mexico ZIP codes pencil at a DSCR of 1.0 or better, assuming a 7.50% rate at 80% LTV with typical market rents. Tap any market in the Deal Finder to run your own numbers and see live listings.
| # | Market | Typical price | Typical rent | Gross yield | Est. DSCR | Score |
|---|---|---|---|---|---|---|
| 1 | Artesia 88210 | $238,102 | $2,800/mo | 14.1% | 1.67x | 90 |
| 2 | Clovis 88101 | $161,237 | $1,191/mo | 8.9% | 1.05x | 62 |
| 3 | Portales 88130 | $140,282 | $896/mo | 7.7% | 0.90x | 44 |
| 4 | Carlsbad 88220 | $243,790 | $1,556/mo | 7.7% | 0.91x | 39 |
| 5 | Hobbs 88240 | $200,776 | $1,277/mo | 7.6% | 0.90x | 39 |
| 6 | Alamogordo 88310 | $220,665 | $1,496/mo | 8.1% | 0.96x | 37 |
| 7 | Roswell 88201 | $228,932 | $1,354/mo | 7.1% | 0.84x | 34 |
| 8 | Farmington 87401 | $267,904 | $1,244/mo | 5.6% | 0.66x | 33 |
| 9 | Rio Rancho 87144 | $374,618 | $1,854/mo | 5.9% | 0.70x | 30 |
| 10 | Las Cruces 88012 | $294,868 | $1,696/mo | 6.9% | 0.82x | 28 |
| 11 | Los Lunas 87031 | $325,231 | $2,012/mo | 7.4% | 0.88x | 27 |
| 12 | Albuquerque 87105 | $280,731 | $1,386/mo | 5.9% | 0.70x | 27 |
| 13 | Albuquerque 87121 | $291,298 | $1,623/mo | 6.7% | 0.79x | 27 |
| 14 | Rio Rancho 87124 | $350,923 | $1,837/mo | 6.3% | 0.74x | 27 |
| 15 | Albuquerque 87104 | $354,333 | $1,515/mo | 5.1% | 0.61x | 25 |
| 16 | Santa Teresa 88008 | $314,316 | $1,643/mo | 6.3% | 0.74x | 25 |
| 17 | Albuquerque 87107 | $348,514 | $1,273/mo | 4.4% | 0.52x | 23 |
| 18 | Albuquerque 87110 | $321,206 | $1,391/mo | 5.2% | 0.62x | 23 |
| 19 | Albuquerque 87112 | $323,801 | $1,482/mo | 5.5% | 0.65x | 23 |
| 20 | Albuquerque 87113 | $428,465 | $2,071/mo | 5.8% | 0.69x | 23 |
| 21 | Santa Fe 87501 | $730,040 | $2,134/mo | 3.5% | 0.42x | 23 |
| 22 | Albuquerque 87102 | $249,740 | $1,105/mo | 5.3% | 0.63x | 21 |
| 23 | Albuquerque 87108 | $285,229 | $974/mo | 4.1% | 0.49x | 21 |
| 24 | Santa Fe 87507 | $459,141 | $1,980/mo | 5.2% | 0.61x | 21 |
| 25 | Las Cruces 88001 | $206,755 | $919/mo | 5.3% | 0.63x | 21 |
| 26 | Albuquerque 87109 | $381,123 | $1,364/mo | 4.3% | 0.51x | 20 |
| 27 | Albuquerque 87114 | $377,708 | $1,683/mo | 5.3% | 0.63x | 20 |
| 28 | Albuquerque 87120 | $361,443 | $1,606/mo | 5.3% | 0.63x | 20 |
| 29 | Albuquerque 87122 | $758,529 | $2,130/mo | 3.4% | 0.40x | 20 |
| 30 | Santa Fe 87506 | $1,094,435 | $2,831/mo | 3.1% | 0.37x | 20 |
Estimates from Zillow Research public data (ZHVI/ZORI) with standard expense assumptions — not appraisals or loan offers. Data refreshed 2026-06-10.