401 Everlook LnSocorroTX79928
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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 401 Everlook Ln, Socorro, TX, 79928 with 5% annual appreciation on a $285,000 basis while $2,498/mo rent supports operations. Total monthly income totals $2,498/mo and a $1,395/mo payment preserves $471/mo for cash returns. Annual cash flow comes to $5,655/yr on $94,478 deployed, and return on cash invested reaches 25.89% in year one. Equity gained on principal adds $1,839/yr, and five-year appreciation sums $78,740 alongside rental yield of 10.52%. Five-year ROI measures 136.19% and total cumulative return in cash totals $128,670.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,498/mo property income versus a $1,395/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2008
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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