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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% |
Rental property for sale in El Paso at 1118 N Laurel St, El Paso, TX, 79902 generates $1,452/mo in rent and, after a $685/mo payment, leaves $457/mo in cash flow. Total monthly income is $1,452/mo, and annual cash flow is $5,481/yr on $46,393 invested. Return on cash invested sits at 31.72% in year one, and rental yield is 12.45% on a $139,950 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,666 over five years. Five-year ROI reaches 167.42% and total cumulative return in cash sums $77,671. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,452/mo property income rather than buyer’s personal income.
Single Family
Built in 1919
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 79902, El Paso, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,387 (100%) |
| Owner Occupied HU | 3,471 (33.4%) |
| Renter Occupied HU | 5,785 (55.7%) |
| Vacant Housing Units | 1,131 (10.9%) |
| Median Home Value | $303,796 |
| Average Home Value | $328,055 |
Residential
9,858
Single Family
8,904
Multi-Family
954
Businesses
1,515
Date | Event | Price |
|---|---|---|
| 2025-07-03 | Listed for sale | $139,950 |
| 2007-04-24 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-03 | $2203.10 | 12.60% | $18,899 | -73.28% |
| 2023-07-03 | $1956.49 | -6.55% | $70,728 | -14.26% |
| 2022-07-03 | $2093.66 | 4.40% | $82,488 | 28.52% |
Listed by: Ana Karina Torres • ERA Sellers & Buyers Real Esta
Mls Name: GEPAR
Mls Provider:
Mls ID: #925720
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 2025 the Greater El Paso Association of REALTORS, MLS Inc. All rights reserved.
