11420 Doris RdSocorroTX79927
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Socorro at 11420 Doris Rd, Socorro, TX, 79927 with 5% annual appreciation on a $232,000 basis while $2,278/mo rent supports operations. Total monthly income totals $2,278/mo and a $1,136/mo payment preserves $628/mo for cash returns. Annual cash flow comes to $7,533/yr on $76,908 deployed, and return on cash invested reaches 29.7% in year one. Equity gained on principal adds $1,497/yr, and five-year appreciation sums $64,097 alongside rental yield of 11.78%. Five-year ROI measures 156.59% and total cumulative return in cash totals $120,431.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,278/mo property income versus a $1,136/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79927, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,665 (100%) |
| Owner Occupied HU | 10,897 (74.3%) |
| Renter Occupied HU | 2,908 (19.8%) |
| Vacant Housing Units | 860 ( 5.9%) |
| Median Home Value | $176,739 |
| Average Home Value | $215,369 |
Housing Distribution
Address Breakdown
Residential
14,234
Single Family
14,082
Multi-Family
152
Businesses
711
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