701 Coulson DrSocorroNM87801
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 701 Coulson Dr, Socorro, NM, 87801 in Socorro hard to pass up. The 10.47% gross yield on a $193,200 purchase results in $1,686/mo in rent and $538/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.94). Annual cash flow of $6,450, five-year appreciation of $53,378, and $1,779/yr in equity build-up combine for a projected total cumulative return of $107,674.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 6.2% |
| Monthly Cash Flow | $538 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,686 |
| Total Monthly Debt Service | $1,072 |
| DSCR Ratio | 1.57x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1980
8,581 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87801, Socorro, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,906 (100%) |
| Owner Occupied HU | 2,609 (53.2%) |
| Renter Occupied HU | 1,620 (33.0%) |
| Vacant Housing Units | 677 (13.8%) |
| Median Home Value | $170,167 |
| Average Home Value | $181,381 |
Housing Distribution
Address Breakdown
Residential
3,705
Single Family
3,597
Multi-Family
108
Businesses
384
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1980
8,581 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87801, Socorro, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,906 (100%) |
| Owner Occupied HU | 2,609 (53.2%) |
| Renter Occupied HU | 1,620 (33.0%) |
| Vacant Housing Units | 677 (13.8%) |
| Median Home Value | $170,167 |
| Average Home Value | $181,381 |
Housing Distribution
Address Breakdown
Residential
3,705
Single Family
3,597
Multi-Family
108
Businesses
384
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A