721 Soya DrSocorroTX79927
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
Investment Highlights
Rental property for sale in Socorro at 721 Soya Dr, Socorro, TX, 79927 priced at $164,500 converts $1,562/mo rent into $312/mo cash flow after a $805/mo obligation. Total monthly income equals $1,562/mo, and annual cash flow totals $3,744/yr on $54,532 invested. Return on cash invested prints 26.78% in year one, and rental yield reads 11.39% against a $164,500 entry. Equity gained on principal adds $1,061/yr, while 5% annual appreciation compiles into $45,448 by year five. Five-year ROI reaches 141.6% and total cumulative return in cash sums $77,218. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,562/mo property income covering a $805/mo payment, not borrower’s personal income.
Single Family
Built in 1986
9,147 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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Nearby investment properties with comparable prices
Listed by: Mario Alberto Candia • GDP Realty
Mls Name: GEPAR
Mls Provider:
Mls ID: #913431
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.