180 Horizon BlvdSocorroTX79927
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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 180 Horizon Blvd, Socorro, TX, 79927 with 5% annual appreciation on a $497,000 basis while $3,864/mo rent supports operations. Total monthly income totals $3,864/mo and a $2,433/mo payment preserves $329/mo for cash returns. Annual cash flow comes to $3,952/yr on $164,756 deployed, and return on cash invested reaches 22.31% in year one. Equity gained on principal adds $3,207/yr, and five-year appreciation sums $137,312 alongside rental yield of 9.33%. Five-year ROI measures 116.92% and total cumulative return in cash totals $192,638.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,864/mo property income versus a $2,433/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1995
0.63 Acres 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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Listed by: Sandra Flores • Realty Pros of El Paso
Mls Name: GEPAR
Mls Provider:
Mls ID: #903398
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the Greater El Paso Association of REALTORS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing brokers. Listing data is deemed reliable but not guaranteed. Copyright 2024 the Greater El Paso Association of REALTORS, MLS Inc. All rights reserved.