214 Karon StSocorroTX79927
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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 214 Karon St, Socorro, TX, 79927 at $155,000 posts ROI 22.67% with $118/mo cash flow from $1,221/mo rent. Total monthly income equals $1,221/mo, and annual cash flow records $1,421/yr on $51,383 to close. Return on cash invested measures 22.67% and rental yield reads 9.45% at the current $155,000. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 by year five. Five-year ROI prints 118.95% and total cumulative return in cash totals $61,120.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,221/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1997
5,227 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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