124 Casitas Del Este LnEl PasoTX79935
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 124 Casitas Del Este Ln, El Paso, TX, 79935 priced at $399,900 converts $2,531/mo rent into after a $1,957/mo obligation. Total monthly income equals $2,531/mo. Return on cash invested prints 17.08% in year one, and rental yield reads 7.59% against a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation compiles into $110,485 by year five. Five-year ROI reaches 88.89% and total cumulative return in cash sums $117,836. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,531/mo property income covering a $1,957/mo payment, not borrower’s personal income.
Townhouse
Built in 1995
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79935, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,509 (100%) |
| Owner Occupied HU | 3,770 (50.2%) |
| Renter Occupied HU | 3,389 (45.1%) |
| Vacant Housing Units | 350 ( 4.7%) |
| Median Home Value | $226,604 |
| Average Home Value | $237,914 |
Housing Distribution
Address Breakdown
Residential
7,004
Single Family
6,394
Multi-Family
610
Businesses
773
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices