1132 Morton PlEl PasoTX79928
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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 1132 Morton Pl, El Paso, TX, 79928 generates $2,198/mo in rent and, after a $1,224/mo payment, leaves $420/mo in cash flow. Total monthly income is $2,198/mo, and annual cash flow is $5,038/yr on $82,875 invested. Return on cash invested sits at 25.99% in year one, and rental yield is 10.55% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 136.66% and total cumulative return in cash sums $113,254. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,198/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79928, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,805 (100%) |
| Owner Occupied HU | 24,286 (81.5%) |
| Renter Occupied HU | 3,857 (12.9%) |
| Vacant Housing Units | 1,662 ( 5.6%) |
| Median Home Value | $235,364 |
| Average Home Value | $255,668 |
Housing Distribution
Address Breakdown
Residential
29,615
Single Family
29,615
Multi-Family
0
Businesses
766
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