Is Luna County, NM good for real estate investing?

Luna County has an investment score of 51/100, rated as "Hold". The county ranks #762 nationally among 1000 counties analyzed.

What is the median home price in Luna?

The median home price in Luna County is $153,314. This ranks #82 in affordability among all US counties.

Can you cash flow on rental properties in Luna?

Based on median values with 20% down at current rates, a typical rental in Luna County would generate positive cash flow of $0/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Luna County

New MexicoPopulation: 25,393

/100

Hold

#762 of 1,000 counties

#22 in New Mexico (30 counties)

Market Snapshot

$153,314

Median Home Price

44% below national median

$9,175/mo

Est. Rent

Based on regional data

5.98%

Rent-to-Price Ratio

Estimated from price data

+$0

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Score Breakdown

Overall Investment Score

51/100

Cash Flow(30%)

0/100

Based on 0.00% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

39/100

Based on -2.2% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

70/100

Price-to-income ratio of 4.0x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

+Affordable relative to local incomes

Challenges

-Declining home values (-2.2% YoY)
-Negative leverage (cap rate 0.0% < mortgage rate 6.9%)
-Limited rent data (estimates used)

Economic Indicators

Population

25,393

Median Income

$38,241

vs $62,400 national est.

Unemployment Rate

—

Data pending

Price-to-Income

4.0x

Moderately affordable

Compare to Nearby Counties

County					Verdict
San MiguelNM	54	$232,469	Est. pending	—	Hold	View
QuayNM	54	$104,644	Est. pending	—	Hold	View
BernalilloNM	53	$339,865	$1,478	5.22%	Hold	View
Dona AnaNM	52	$285,598	$1,459	6.13%	Hold	View
CurrentLunaNM	51	$153,314	Est. pending	—	Hold
ColfaxNM	47	$240,853	Est. pending	—	Hold	View

The Bottom Line

HoldLuna is a neutral market.

Luna County in New Mexico scores 51/100, ranking #762 of 1,000 US counties (top 76%).

Monthly Cash Flow

+$0/mo

Cap Rate

0.0%

Cash-on-Cash

0.0%

Ready to Analyze a Deal in Luna?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRR House HackOwner-occupied strategy Multifamily5+ unit properties

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Score Breakdown

Overall Investment Score

51/100

Cash Flow(30%)

0/100

Based on 0.00% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

39/100

Based on -2.2% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

70/100

Price-to-income ratio of 4.0x. Lower ratios indicate more affordable markets.

County

Verdict

San MiguelNM

$232,469

Est. pending

—

Hold

View

QuayNM

$104,644

Est. pending

—

Hold

View

BernalilloNM

$339,865

$1,478

5.22%

Hold

View

Dona AnaNM

$285,598

$1,459

6.13%

Hold

View

CurrentLunaNM

$153,314

Est. pending

—

Hold

ColfaxNM

$240,853

Est. pending

—

Hold

View