104 Chip Chip WayEl PasoTX79915
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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 104 Chip Chip Way, El Paso, TX, 79915 with 5% annual appreciation on a $297,700 basis while $1,648/mo rent supports operations. 21% in year one. Equity gained on principal adds $1,921/yr, and five-year appreciation sums $82,249 alongside rental yield of 6.64%. Five-year ROI measures 73.51% and total cumulative return in cash totals $72,550. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,648/mo property income versus a $1,457/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1945
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79915, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,015 (100%) |
| Owner Occupied HU | 7,470 (53.3%) |
| Renter Occupied HU | 5,656 (40.4%) |
| Vacant Housing Units | 889 ( 6.3%) |
| Median Home Value | $141,728 |
| Average Home Value | $207,438 |
Housing Distribution
Address Breakdown
Residential
13,603
Single Family
12,789
Multi-Family
814
Businesses
1,264
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