112 Tangier PlEl PasoTX79905
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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 112 Tangier Pl, El Paso, TX, 79905 earns $1,409/mo cash flow from $2,422/mo rent with a $697/mo payment. Total monthly income totals $2,422/mo, and annual cash flow totals $16,909/yr on $47,239 capital. ROI tracks 55.7% on current figures, and rental yield reads 20.4% at a $142,500 purchase. Equity gained on principal adds $920/yr, and 5% annual appreciation supports $39,370 over five years. Five-year ROI reaches 296.1% and total cumulative return in cash sums $139,875. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,422/mo property income instead of your personal income.
Multi Family
Built in 1951
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79905, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,107 (100%) |
| Owner Occupied HU | 4,068 (44.7%) |
| Renter Occupied HU | 4,116 (45.2%) |
| Vacant Housing Units | 923 (10.1%) |
| Median Home Value | $116,067 |
| Average Home Value | $159,583 |
Housing Distribution
Address Breakdown
Residential
8,364
Single Family
7,480
Multi-Family
884
Businesses
1,062
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Listed by: Victoria Ruiz De Esparza • Home Pros Real Estate Group
Mls Name: GEPAR
Mls Provider:
Mls ID: #902967
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.