1137 Cimarron StEl PasoTX79915
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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 1137 Cimarron St, El Paso, TX, 79915 uses $40,112 cash to close to unlock $3,825/yr annual cash flow and $319/mo monthly cash flow. Total monthly income runs $1,179/mo, and a $592/mo payment keeps the spread at $319/mo. Purchase price stands at $121,000, and rental yield measures 11.69% with $1,179/mo rent. Return on cash invested shows 29.45% in year one, and 5% annual appreciation builds toward $33,430 over five years. Five-year ROI reaches 155.2% and total cumulative return in cash records $62,253. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,179/mo property income covering a $592/mo payment rather than investor’s personal income.
Single Family
Built in 1955
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79915, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,015 (100%) |
| Owner Occupied HU | 7,470 (53.3%) |
| Renter Occupied HU | 5,656 (40.4%) |
| Vacant Housing Units | 889 ( 6.3%) |
| Median Home Value | $141,728 |
| Average Home Value | $207,438 |
Housing Distribution
Address Breakdown
Residential
13,603
Single Family
12,789
Multi-Family
814
Businesses
1,264
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