11042 Mirage CtEl PasoTX79936
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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
Rental property for sale in El Paso at 11042 Mirage Ct, El Paso, TX, 79936 generates $1,460/mo in rent and, after a $729/mo payment, leaves $401/mo in cash flow. Total monthly income is $1,460/mo, and annual cash flow is $4,809/yr on $49,394 invested. Return on cash invested sits at 29.64% in year one, and rental yield is 11.76% on a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 156.27% and total cumulative return in cash sums $77,188. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,460/mo property income rather than buyer’s personal income.
Townhouse
Built in 2002
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79936, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 38,311 (100%) |
| Owner Occupied HU | 25,719 (67.1%) |
| Renter Occupied HU | 11,315 (29.5%) |
| Vacant Housing Units | 1,277 ( 3.3%) |
| Median Home Value | $205,341 |
| Average Home Value | $242,808 |
Housing Distribution
Address Breakdown
Residential
37,280
Single Family
33,765
Multi-Family
3,515
Businesses
2,611
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