1129 Will Rand DrEl PasoTX79912
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1129 Will Rand Dr, El Paso, TX, 79912 priced at $279,500 converts $2,231/mo rent into $243/mo cash flow after a $1,368/mo obligation. Total monthly income equals $2,231/mo, and annual cash flow totals $2,921/yr on $92,654 invested. Return on cash invested prints 23.06% in year one, and rental yield reads 9.58% against a $279,500 entry. Equity gained on principal adds $1,804/yr, while 5% annual appreciation compiles into $77,221 by year five. Five-year ROI reaches 120.99% and total cumulative return in cash sums $112,100. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,231/mo property income covering a $1,368/mo payment, not borrower’s personal income.
Single Family
Built in 1992
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79912, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,534 (100%) |
| Owner Occupied HU | 17,354 (51.8%) |
| Renter Occupied HU | 13,848 (41.3%) |
| Vacant Housing Units | 2,332 ( 7.0%) |
| Median Home Value | $272,528 |
| Average Home Value | $315,218 |
Housing Distribution
Address Breakdown
Residential
32,803
Single Family
27,217
Multi-Family
5,586
Businesses
2,186
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices