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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in El Paso at 1118 Myrtle Ave, El Paso, TX, 79901 offers a 10.48% rental yield on a $185,000 purchase with $1,616/mo rent. Total monthly income registers $1,616/mo, and a $905/mo payment leaves $301/mo available for distribution. Annual cash flow reaches $3,611/yr on $61,328 to close, and return on cash invested stands at 25.8% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 135.62% and total cumulative return in cash at $83,175. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,616/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1926
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 79901, El Paso, TX area.
| 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 |
Residential
4,722
Single Family
3,640
Multi-Family
1,082
Businesses
1,802
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Tori Lynn Rivera • Home Pros Real Estate Group
Mls Name: GEPAR
Mls ID: #934136
