Hobbs, NM Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Hobbs, NM. Based on 10+ datapoints.
Hobbs, NM Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
7.1%
Avg Cash on Cash
-2.3%
Median Cashflow
-$30/mo
Avg Rent Estimate
$2,172/mo
Avg Price
$224,645
Price Range
$125K – $350K
approximate
Rent to Price
0.97%
okay ratio
Positive Cashflow
45%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Hobbs, NM
Hobbs, NM is an emerging long-term rental market gaining investor attention. With 10+ properties analyzed, early data shows the market is developing. The median cap rate of 7.1% suggests room for early-mover advantage as more rental inventory becomes available.
Based on 10+ analyzed properties, the median monthly cashflow in Hobbs, NM is -$30 with average rents of $2,172/month. Properties are priced about $125,000 to $350,000, offering entry points across multiple investment budgets.
Hobbs, NM Rental Market Insights
- Median cashflow is -$30/month — careful deal selection is essential here
- 7.1% median cap rate reflects a balanced risk-return profile
- 45% positive cashflow rate means roughly two in five properties are cash-flow positive
- Moderately priced market with properties priced about $125,000 to $350,000
- Early-stage market data — revisit as more properties are analyzed for stronger signals