Roosevelt County presents a price-momentum but income-and-hazard diligence case, not a yield-screening case. The Zillow county median home value was $151,980 in 2026-06, up 10.82% year over year. That creates a tension: visible value movement exists, but the record lacks market rent and transaction-market corroboration. Investors needing current income underwriting or flood-resilient collateral should be cautious; investigators should test whether the movement is supportable property by property.
That Zillow observation is a modeled home-value measure. No FHFA annual repeat-transaction HPI observation is supplied, so it cannot independently confirm or challenge Zillow’s direction; the series must not be combined. Market asking rent is not published, so gross yield cannot be computed. HUD’s $1,201 two-bedroom FMR is a payment standard, not asking rent. The 1.28% effective property-tax rate is a carrying-cost input; property-specific tax, insurance and maintenance remain unreported.
At county workplaces, QCEW recorded 3,429 annual average covered jobs in 2025, up 1.09%. Trade, transportation, and utilities accounted for 33.14% of private covered employment, indicating meaningful concentration within the disclosed private base. This is workplace coverage, not resident employment or unemployment. Tax-return movers produced net migration of -25, while arriving households’ average AGI trailed departing households’ by $3,293. Three of 38 purchase mortgages went to non-occupants, a 7.89% investor share. Although the Realtor.com inventory source period is 2026-06, no listing, marketing-time, or price-reduction figures are supplied to assess visible supply or seller concessions.
Inland flood is the dominant hazard, and modeled climate loss equals 0.08% of building value annually. That is a county-level modeled exposure, not a parcel insurance quote or expected repair bill. Next checks should establish parcel flood exposure, insurance terms, property condition, market rent and lease comparables, plus MLS and closed-sale evidence. Without those inputs, underwriting cannot test gross yield, property-level carrying costs, or whether listing-market conditions support the Zillow value signal.