Best ZIP Codes for Cash Flow in Hobbs, NM (2026)
Ranked by cap rate — the annual return on the purchase price before financing. ZIPs that also clear the 1% rule are marked.
| # | ZIP | City | Home value | Rent | Cap rate | 5-yr growth |
|---|---|---|---|---|---|---|
| 1 | 88231 | Eunice, NM | $156,703 | $1,269 | 6.32% | — |
| 2 | 88267 | Tatum, NM | $132,288 | $1,035 | 6.10% | — |
| 3 | 88252 | Jal, NM | $145,075 | $972 | 5.23% | — |
| 4 | 88240 | Hobbs, NM | $201,691 | $1,307 | 5.06% | -1.3% |
| 5 | 88260 | Lovington, NM | $190,257 | $1,125 | 4.61% | -2.7% |
| 6 | 88242 | Hobbs, NM | $294,633 | $1,359 | 3.60% | 1.7% |
Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →