Investing in Taos County
Taos County covers 5 rental markets we actively finance in New Mexico — Arroyo Seco, El Prado, Questa, Red River, Taos. Across those markets the median investment basis averages $500,000, a long-term lease averages $1,990/month, and the average all-in PITIA on a DSCR loan at the minimum down payment is $3,491. That produces a county-wide average DSCR ratio near 0.63x.
Basis varies more inside Taos County than the average suggests. Questa is the lowest entry point at roughly $300,000, while Questa currently models the strongest coverage ratio in the county at 1.12x. When two towns in the same county ratio differently, it is almost always the rent-to-price relationship rather than the rate — the same loan pricing applies county-wide, so the deal is won on which submarket you buy in.