527 Longleaf PlSocorroTX79928
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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
Rental property for sale in Socorro at 527 Longleaf Pl, Socorro, TX, 79928 offers $2,072/mo rent that, after a $1,452/mo payment. Total monthly income is $2,072/mo. Return on cash invested measures 17.19% in year one, and rental yield stands at 8.38% at a $296,700 entry. Equity gained on principal adds $1,915/yr while 5% annual appreciation compounds into $81,973 by year five. Five-year ROI records 90.34% and total cumulative return in cash reaches $88,856. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,072/mo property income versus a $1,452/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
N/A 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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