Real Estate Investment Properties for Sale in Hobbs, NM

Looking for investment property in Hobbs, NM with high ROI ?

Explore a variety of short-term homes & houses in Hobbs, NM. Invest wisely with VRBO & Hobbs, NM Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Hobbs, NM

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1924 N Vega Dr Hobbs, NM Absolutely Huge Home. All Main Rooms Oversized And So Big They Cannot Be Captured Complet...	4 beds \| 3 baths \| 7,694 sq.ft.	$600,000	Airbnb cash on cash: -0.17% Traditional cash on cash: 3.76% Airbnb Rental Income: $1350 Traditional Rental Income: $3138 Airbnb ROI: -0.17% Traditional ROI: 3.76%
318 E Jemez St Hobbs, NM Gorgeous Broadmoor Home with Inground Swimming Pool. Large corner lot with great setback. ...	4 beds \| 3 baths \| 3,218 sq.ft.	$479,000	Airbnb cash on cash: -0.01% Traditional cash on cash: 5.54% Airbnb Rental Income: $1350 Traditional Rental Income: $3426 Airbnb ROI: -0.01% Traditional ROI: 5.54%
1317 E Michigan Drive Hobbs, NM Super cute home that has been completely remodeled! Featuring new flooring, new kitchen ca...	3 beds \| 2 baths \| 1,481 sq.ft.	$210,000	Airbnb cash on cash: 1.55% Traditional cash on cash: 8.71% Airbnb Rental Income: $1180 Traditional Rental Income: $2219 Airbnb ROI: 1.55% Traditional ROI: 8.71%
5017 W Hardtack Rd Hobbs, NM Welcome to your dream home in the heart of Hobbs, NM! This stunning 4-bedroom residence co...	4 beds \| 2 baths \| 2,141 sq.ft.	$395,000	Airbnb cash on cash: 0.74% Traditional cash on cash: 5.38% Airbnb Rental Income: $1350 Traditional Rental Income: $2652 Airbnb ROI: 0.74% Traditional ROI: 5.38%
1404 W College Ln Hobbs, NM 1404 W College Ln, Hobbs, NM 88242 \| Single Family Residential	5 beds \| 3 baths \| 3,613 sq.ft.	$800,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.18% Airbnb Rental Income: $null Traditional Rental Income: $3054 Airbnb ROI: N/A Traditional ROI: 2.18%
3501 W Monument Hwy Hobbs, NM Handsomely Remodeled Country Home on 10 Acres with a 30'x30' Custom Shop!! New handcrafted...	2 beds \| 1 baths \| 1,200 sq.ft.	$350,000	Airbnb cash on cash: -0.73% Traditional cash on cash: 2.74% Airbnb Rental Income: $772 Traditional Rental Income: $1595 Airbnb ROI: -0.73% Traditional ROI: 2.74%
418 E Abo Dr Hobbs, NM 418 E Abo Dr, Hobbs, NM 88240 \| Single Family Residential	6 beds \| 3 baths \| 3,789 sq.ft.	$652,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.8% Airbnb Rental Income: $null Traditional Rental Income: $2889 Airbnb ROI: N/A Traditional ROI: 2.8%
1801 E Highland Dr Hobbs, NM 1801 E Highland Dr, Hobbs, NM 88240 \| Single Family Residential	3 beds \| 2 baths \| 2,628 sq.ft.	$290,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 6.13% Airbnb Rental Income: $1180 Traditional Rental Income: $2257 Airbnb ROI: 0.78% Traditional ROI: 6.13%
308 W Gypsy St Hobbs, NM 308 W Gypsy St, Hobbs, NM 88240 \| Manufactured Home	3 beds \| 2 baths \| 1,158 sq.ft.	$167,000	Airbnb cash on cash: 2.61% Traditional cash on cash: 7.8% Airbnb Rental Income: $1180 Traditional Rental Income: $1621 Airbnb ROI: 2.61% Traditional ROI: 7.8%
2904 E Church Dr Hobbs, NM 2904 E Church Dr, Hobbs, NM 88240 \| Manufactured Home	3 beds \| 2 baths \| 1,301 sq.ft.	$245,000	Airbnb cash on cash: 1.24% Traditional cash on cash: 4.76% Airbnb Rental Income: $1180 Traditional Rental Income: $1609 Airbnb ROI: 1.24% Traditional ROI: 4.76%
408 E Byers St Hobbs, NM 408 E Byers St, Hobbs, NM 88240 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$49,000	Airbnb cash on cash: 6.95% Traditional cash on cash: 11.46% Airbnb Rental Income: $863 Traditional Rental Income: $756 Airbnb ROI: 6.95% Traditional ROI: 11.46%
414 E Arco Rd Hobbs, NM 414 E Arco Rd, Hobbs, NM 88240 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$300,000	Airbnb cash on cash: -0.25% Traditional cash on cash: 0.52% Airbnb Rental Income: $863 Traditional Rental Income: $747 Airbnb ROI: -0.25% Traditional ROI: 0.52%
4640 N Lovington Hwy Hobbs, NM 4640 N Lovington Hwy, Hobbs, NM 88240 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$800,000	Airbnb cash on cash: -1.21% Traditional cash on cash: -0.8% Airbnb Rental Income: $863 Traditional Rental Income: $835 Airbnb ROI: -1.21% Traditional ROI: -0.8%
1733 Highwood Ave Hobbs, NM	5 beds \| 3 baths \| 2,886 sq.ft.	$559,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.74% Airbnb Rental Income: $null Traditional Rental Income: $2986 Airbnb ROI: N/A Traditional ROI: 3.74%
612 E Abo St Hobbs, NM 612 E Abo St, Hobbs, NM 88240 \| Single Family Residential	4 beds \| 3 baths \| 5,186 sq.ft.	$815,000	Airbnb cash on cash: -0.68% Traditional cash on cash: 1.74% Airbnb Rental Income: $1350 Traditional Rental Income: $2775 Airbnb ROI: -0.68% Traditional ROI: 1.74%
530 E Jemez Road Hobbs, NM Welcome home to this beautifully maintained 3 bed, 2 bath brick home sitting on a generous...	3 beds \| 2 baths \| 3,714 sq.ft.	$562,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 1.48% Airbnb Rental Income: $1180 Traditional Rental Income: $1899 Airbnb ROI: -0.62% Traditional ROI: 1.48%
TBD E Greebon St Hobbs, NM	N/A beds \| N/A baths \| 1,803 sq.ft.	$65,000	Airbnb cash on cash: 4.96% Traditional cash on cash: 11% Airbnb Rental Income: $863 Traditional Rental Income: $922 Airbnb ROI: 4.96% Traditional ROI: 11%
6411 N Dal Paso St Hobbs, NM 6411 N Dal Paso St, Hobbs, NM 88240 \| Other	N/A beds \| N/A baths \| N/A	$1,000,000	Airbnb cash on cash: -1.33% Traditional cash on cash: -1% Airbnb Rental Income: $863 Traditional Rental Income: $835 Airbnb ROI: -1.33% Traditional ROI: -1%
516 E Pinson Rd Hobbs, NM 516 E Pinson Rd, Hobbs, NM 88242 \| Other	N/A beds \| N/A baths \| N/A	$210,000	Airbnb cash on cash: 0.4% Traditional cash on cash: 1.93% Airbnb Rental Income: $863 Traditional Rental Income: $835 Airbnb ROI: 0.4% Traditional ROI: 1.93%
TBD N Alto Dr Hobbs, NM TBD N Alto Dr, Hobbs, NM 88240 \| Other	N/A beds \| N/A baths \| 3,600 sq.ft.	$400,000	Airbnb cash on cash: -0.63% Traditional cash on cash: 0.18% Airbnb Rental Income: $863 Traditional Rental Income: $835 Airbnb ROI: -0.63% Traditional ROI: 0.18%
6721 N World Dr Hobbs, NM 6721 N World Dr, Hobbs, NM 88240 \| Other	N/A beds \| N/A baths \| N/A	$350,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 0.46% Airbnb Rental Income: $863 Traditional Rental Income: $835 Airbnb ROI: -0.46% Traditional ROI: 0.46%
5115 W Longtail Rd Hobbs, NM 5115 W Longtail Rd, Hobbs, NM 88240 \| Other	N/A beds \| N/A baths \| N/A	$59,000	Airbnb cash on cash: 5.59% Traditional cash on cash: 10.75% Airbnb Rental Income: $863 Traditional Rental Income: $836 Airbnb ROI: 5.59% Traditional ROI: 10.75%
5104 W Grey Ghost Rd Hobbs, NM 5104 W Grey Ghost Rd, Hobbs, NM 88240 \| Other	N/A beds \| N/A baths \| N/A	$58,000	Airbnb cash on cash: 5.7% Traditional cash on cash: 11.01% Airbnb Rental Income: $863 Traditional Rental Income: $840 Airbnb ROI: 5.7% Traditional ROI: 11.01%
5030 W Grey Ghost Rd Hobbs, NM 5030 W Grey Ghost Rd, Hobbs, NM 88240 \| Other	N/A beds \| N/A baths \| N/A	$58,000	Airbnb cash on cash: 5.7% Traditional cash on cash: 10.99% Airbnb Rental Income: $863 Traditional Rental Income: $839 Airbnb ROI: 5.7% Traditional ROI: 10.99%
5024 W Grey Ghost Rd Hobbs, NM 5024 W Grey Ghost Rd, Hobbs, NM 88240 \| Other	N/A beds \| N/A baths \| N/A	$57,000	Airbnb cash on cash: 5.83% Traditional cash on cash: 11.27% Airbnb Rental Income: $863 Traditional Rental Income: $843 Airbnb ROI: 5.83% Traditional ROI: 11.27%
2801 N Dal Paso Space B St Hobbs, NM TBD N Dal Paso St, Hobbs, NM 88240 \| Other	N/A beds \| N/A baths \| N/A	$175,000	Airbnb cash on cash: 0.83% Traditional cash on cash: 2.13% Airbnb Rental Income: $863 Traditional Rental Income: $747 Airbnb ROI: 0.83% Traditional ROI: 2.13%
5114 W Longtail Rd Hobbs, NM 5114 W Longtail Rd, Hobbs, NM 88240 \| Other	N/A beds \| N/A baths \| N/A	$59,000	Airbnb cash on cash: 5.59% Traditional cash on cash: 10.75% Airbnb Rental Income: $863 Traditional Rental Income: $836 Airbnb ROI: 5.59% Traditional ROI: 10.75%
5017 W Longtail Rd Hobbs, NM 5017 W Longtail Rd, Hobbs, NM 88240 \| Other	N/A beds \| N/A baths \| N/A	$58,000	Airbnb cash on cash: 5.7% Traditional cash on cash: 10.99% Airbnb Rental Income: $863 Traditional Rental Income: $839 Airbnb ROI: 5.7% Traditional ROI: 10.99%
5023 W Longtail Rd Hobbs, NM 5023 W Longtail Rd, Hobbs, NM 88240 \| Other	N/A beds \| N/A baths \| N/A	$57,000	Airbnb cash on cash: 5.83% Traditional cash on cash: 11.27% Airbnb Rental Income: $863 Traditional Rental Income: $843 Airbnb ROI: 5.83% Traditional ROI: 11.27%
5029 W Longtail Rd Hobbs, NM 5029 W Longtail Rd, Hobbs, NM 88240 \| Other	N/A beds \| N/A baths \| N/A	$58,000	Airbnb cash on cash: 5.7% Traditional cash on cash: 10.99% Airbnb Rental Income: $863 Traditional Rental Income: $839 Airbnb ROI: 5.7% Traditional ROI: 10.99%
5114 W Grey Ghost Rd Hobbs, NM 5114 W Grey Ghost Rd, Hobbs, NM 88240 \| Other	N/A beds \| N/A baths \| N/A	$59,000	Airbnb cash on cash: 5.59% Traditional cash on cash: 10.75% Airbnb Rental Income: $863 Traditional Rental Income: $836 Airbnb ROI: 5.59% Traditional ROI: 10.75%
5110 W Grey Ghost Rd Hobbs, NM 5110 W Grey Ghost Rd, Hobbs, NM 88240 \| Other	N/A beds \| N/A baths \| N/A	$58,000	Airbnb cash on cash: 5.7% Traditional cash on cash: 10.99% Airbnb Rental Income: $863 Traditional Rental Income: $839 Airbnb ROI: 5.7% Traditional ROI: 10.99%
TBD E Starlight Rd Hobbs, NM TBD E Starlight Rd, Hobbs, NM 88240 \| Other	N/A beds \| N/A baths \| N/A	$420,000	Airbnb cash on cash: -0.68% Traditional cash on cash: -0.13% Airbnb Rental Income: $863 Traditional Rental Income: $747 Airbnb ROI: -0.68% Traditional ROI: -0.13%
TBD Tract Two Millen (south Side) Hobbs, NM TBD Tract Two Millen (south Side), Hobbs, NM 88240 \| Other	N/A beds \| N/A baths \| N/A	$2,409,302	Airbnb cash on cash: -1.6% Traditional cash on cash: -1.46% Airbnb Rental Income: $863 Traditional Rental Income: $835 Airbnb ROI: -1.6% Traditional ROI: -1.46%
TBD Tract 3 Millen (south Side) Dr Hobbs, NM TBD Tract 3 Millen (south Side), Hobbs, NM 88240 \| Other	N/A beds \| N/A baths \| N/A	$3,669,494	Airbnb cash on cash: -1.67% Traditional cash on cash: -1.58% Airbnb Rental Income: $863 Traditional Rental Income: $835 Airbnb ROI: -1.67% Traditional ROI: -1.58%
TBD Tract One Millen (south Side) Hobbs, NM TBD Tract One Millen (south Side), Hobbs, NM 88240 \| Other	N/A beds \| N/A baths \| N/A	$1,850,150	Airbnb cash on cash: -1.54% Traditional cash on cash: -1.36% Airbnb Rental Income: $863 Traditional Rental Income: $835 Airbnb ROI: -1.54% Traditional ROI: -1.36%
tbd E Navajo Dr Hobbs, NM	N/A beds \| N/A baths \| N/A	$3,067,500	Airbnb cash on cash: -1.64% Traditional cash on cash: -1.53% Airbnb Rental Income: $863 Traditional Rental Income: $835 Airbnb ROI: -1.64% Traditional ROI: -1.53%
141270 N Knowles Rd Hobbs, NM	N/A beds \| N/A baths \| N/A	$230,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 1.62% Airbnb Rental Income: $863 Traditional Rental Income: $835 Airbnb ROI: 0.22% Traditional ROI: 1.62%
TBD Buena Suerte Dr Hobbs, NM TBD Buena Suerte Dr, Hobbs, NM 88242 \| Other	N/A beds \| N/A baths \| 2,264 sq.ft.	$125,000	Airbnb cash on cash: 1.84% Traditional cash on cash: 6.28% Airbnb Rental Income: $863 Traditional Rental Income: $1065 Airbnb ROI: 1.84% Traditional ROI: 6.28%
000 Lot 19 Hobbs, NM 000 Lot 19, Hobbs, NM 88240 \| Other	N/A beds \| N/A baths \| N/A	$2,334,816	Airbnb cash on cash: -1.59% Traditional cash on cash: -1.45% Airbnb Rental Income: $863 Traditional Rental Income: $835 Airbnb ROI: -1.59% Traditional ROI: -1.45%

Real Estate investment in Hobbs, NM

There are 126 properties for sale in the city of Hobbs . The median list price in Hobbs is $264,842 and the average price per square foot is $119. In August 2026, the average monthly cash on cash return in Hobbs is 4.00%. The average monthly rental income in Hobbs is $945.

Hobbs, NM Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 126 investment properties available for sale in Hobbs.

In 2026, the best neighborhood to buy investment property is Hobbs.

The ROI for Short-Term is higher than the Long-Term in Hobbs with average rental income of $863.

Your search for investment property begins and ends here

Investment Property for Sale in Hobbs, NM

1924 N Vega Dr

Hobbs, NM

4 beds | 3 baths | 7,694 sq.ft.

$600,000

Airbnb cash on cash: -0.17%

Traditional cash on cash: 3.76%

Airbnb Rental Income: $1350

Traditional Rental Income: $3138

Airbnb ROI: -0.17%

Traditional ROI: 3.76%

318 E Jemez St

Hobbs, NM

4 beds | 3 baths | 3,218 sq.ft.

$479,000

Airbnb cash on cash: -0.01%

Traditional cash on cash: 5.54%

Airbnb Rental Income: $1350

Traditional Rental Income: $3426

Airbnb ROI: -0.01%

Traditional ROI: 5.54%

1317 E Michigan Drive

Hobbs, NM

3 beds | 2 baths | 1,481 sq.ft.

$210,000

Airbnb cash on cash: 1.55%

Traditional cash on cash: 8.71%

Airbnb Rental Income: $1180

Traditional Rental Income: $2219

Airbnb ROI: 1.55%

Traditional ROI: 8.71%

5017 W Hardtack Rd

Hobbs, NM

4 beds | 2 baths | 2,141 sq.ft.

$395,000

Airbnb cash on cash: 0.74%

Traditional cash on cash: 5.38%

Airbnb Rental Income: $1350

Traditional Rental Income: $2652

Airbnb ROI: 0.74%

Traditional ROI: 5.38%

1404 W College Ln

Hobbs, NM

5 beds | 3 baths | 3,613 sq.ft.

$800,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.18%

Airbnb Rental Income: $null

Traditional Rental Income: $3054

Airbnb ROI: N/A

Traditional ROI: 2.18%

3501 W Monument Hwy

Hobbs, NM

2 beds | 1 baths | 1,200 sq.ft.

$350,000

Airbnb cash on cash: -0.73%

Traditional cash on cash: 2.74%

Airbnb Rental Income: $772

Traditional Rental Income: $1595

Airbnb ROI: -0.73%

Traditional ROI: 2.74%

418 E Abo Dr

Hobbs, NM

6 beds | 3 baths | 3,789 sq.ft.

$652,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.8%

Airbnb Rental Income: $null

Traditional Rental Income: $2889

Airbnb ROI: N/A

Traditional ROI: 2.8%

1801 E Highland Dr

Hobbs, NM

3 beds | 2 baths | 2,628 sq.ft.

$290,000

Airbnb cash on cash: 0.78%

Traditional cash on cash: 6.13%

Airbnb Rental Income: $1180

Traditional Rental Income: $2257

Airbnb ROI: 0.78%