203 Temple Ave, Hobbs, NM 88240

3 bd · 1 ba · 1,144 sqft · built 1950 · Hobbs · SINGLE_FAMILY·source listing ↗

$144,000

rent, three ways

OnePercent model (vv1)$2,027/mo

p10–p90 confidence band

HUD Fair Market Rent · 88240 · 3BR

$1,650/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Lea

Flood risk indexRelatively High FEMA NRI

Median household income$63,270

Median area rent$1,100/mo

Median home value$186,900

the verdict

1.41%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$144,000

1.41% · rent $2,027

Intrinsic value · income approach

$233,909

38% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.