Hobbs, NM Mid-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for mid-term rental investments in Hobbs, NM. Based on 10+ datapoints.
Hobbs, NM Mid-Term Rental Investment Snapshot
Based on 10+ mid-term rental datapoints
Median Cap Rate
10.9%
Avg Cash on Cash
9.5%
Median Cashflow
$591/mo
Avg Rent Estimate
$3,230/mo
Avg Price
$229,400
Price Range
$125K – $350K
approximate
Rent to Price
1.41%
strong ratio
Positive Cashflow
92%
of analyzed properties
Recent real estate investor listings analysed as mid-term rental deals in Hobbs, NM
Hobbs, NM delivers consistent cashflow for mid-term rental investors. 92% of analyzed properties generate positive monthly cashflow, with a median of $591/month. Demand from traveling nurses, corporate housing programs, and insurance-displacement tenants supports steady occupancy at premium furnished rates.
Across 10+ analyzed properties, Hobbs, NM mid-term rental investments show a median monthly cashflow of $591 with average furnished rent estimates of $3,230/month. These figures reflect real property data, not projections.
Hobbs, NM Mid-Term Rental Market Insights
- Strong median cashflow of $591/month — top-tier for mid-term rentals
- 10.9% median cap rate places Hobbs, NM among higher-yielding markets nationwide
- 92% of analyzed properties cash-flow positive — high probability of finding a deal
- Moderately priced market with properties priced about $125,000 to $350,000
- Ideal for investors building a portfolio of income-producing properties