1008 E Nevada AveEl PasoTX79902
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
Total monthly income runs $1,793/mo, and a $1,835/mo payment. Purchase price stands at $374,950, and rental yield measures 5.74% with $1,793/mo rent. Return on cash invested shows 11.48% in year one, and 5% annual appreciation builds toward $103,592 over five years. Five-year ROI reaches 58.85% and total cumulative return in cash records $73,151. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,793/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Multi Family
Built in 1919
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79902, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,387 (100%) |
| Owner Occupied HU | 3,471 (33.4%) |
| Renter Occupied HU | 5,785 (55.7%) |
| Vacant Housing Units | 1,131 (10.9%) |
| Median Home Value | $303,796 |
| Average Home Value | $328,055 |
Housing Distribution
Address Breakdown
Residential
9,858
Single Family
8,904
Multi-Family
954
Businesses
1,515
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices