1025 E 8th AveEl PasoTX79901
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 1025 E 8th Ave, El Paso, TX, 79901 in El Paso worth modelling. At $160,000 with a 9.74% gross yield, the $1,298/mo rent leaves $161/mo after the $719/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.81 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $44,205 by year five; $1,474/yr in principal reduction adds further equity. Total projected return: $71,668.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 5.8% |
| Monthly Cash Flow | $161 | $385 |
City averages based on El Paso market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,298 |
| Total Monthly Debt Service | $1,074 |
| DSCR Ratio | 1.21x |
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.
Multi Family
Built in 1983
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79901, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,053 (100%) |
| Owner Occupied HU | 517 (10.2%) |
| Renter Occupied HU | 3,751 (74.2%) |
| Vacant Housing Units | 785 (15.5%) |
| Median Home Value | $117,708 |
| Average Home Value | $250,722 |
Housing Distribution
Address Breakdown
Residential
4,722
Single Family
3,640
Multi-Family
1,082
Businesses
1,802
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
Multi Family
Built in 1983
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79901, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,053 (100%) |
| Owner Occupied HU | 517 (10.2%) |
| Renter Occupied HU | 3,751 (74.2%) |
| Vacant Housing Units | 785 (15.5%) |
| Median Home Value | $117,708 |
| Average Home Value | $250,722 |
Housing Distribution
Address Breakdown
Residential
4,722
Single Family
3,640
Multi-Family
1,082
Businesses
1,802
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices