13738 Paseo Verde DrSocorroTX79928
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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 13738 Paseo Verde Dr, Socorro, TX, 79928 earns $131/mo cash flow from $2,335/mo rent with a $1,517/mo payment. Total monthly income totals $2,335/mo, and annual cash flow totals $1,570/yr on $102,765 capital. ROI tracks 21.44% on current figures, and rental yield reads 9.04% at a $310,000 purchase. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,647 over five years. Five-year ROI reaches 112.24% and total cumulative return in cash sums $115,339. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,335/mo property income instead of your personal income.
Single Family
Built in 2005
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79928, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,805 (100%) |
| Owner Occupied HU | 24,286 (81.5%) |
| Renter Occupied HU | 3,857 (12.9%) |
| Vacant Housing Units | 1,662 ( 5.6%) |
| Median Home Value | $235,364 |
| Average Home Value | $255,668 |
Housing Distribution
Address Breakdown
Residential
29,615
Single Family
29,615
Multi-Family
0
Businesses
766
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