10357 Newcastle DrEl PasoTX79924
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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
Investment property for sale in El Paso at 10357 Newcastle Dr, El Paso, TX, 79924 listed at $191,483 pairs $1,502/mo rent with a $937/mo payment to leave $141/mo cash flow. Total monthly income runs $1,502/mo, and annual cash flow reaches $1,687/yr on $63,477 cash to close. Return on cash invested measures 22.57% in year one, and rental yield registers 9.41% at a $191,483 basis. Equity gained on principal adds $1,236/yr, and annual property appreciation at 5% supports $52,903 by year five. Five-year ROI tracks 118.34% and total cumulative return in cash totals $75,118. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,502/mo property income relative to a $937/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1954
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79924, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,474 (100%) |
| Owner Occupied HU | 14,187 (60.4%) |
| Renter Occupied HU | 7,920 (33.7%) |
| Vacant Housing Units | 1,367 ( 5.8%) |
| Median Home Value | $156,979 |
| Average Home Value | $198,637 |
Housing Distribution
Address Breakdown
Residential
22,683
Single Family
21,086
Multi-Family
1,597
Businesses
826
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Listed by: Yvonne D Gomez • Rivero Realty, LLC
Mls Name: GEPAR
Mls Provider:
Mls ID: #912115
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.