12704 Carefree AveEl 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
Investment property for sale in El Paso at 12704 Carefree Ave, El Paso, TX, 79928 uses $111,367 cash to close to unlock $3,688/yr annual cash flow and $307/mo monthly cash flow. Total monthly income runs $2,696/mo, and a $1,644/mo payment keeps the spread at $307/mo. Purchase price stands at $335,950, and rental yield measures 9.63% with $2,696/mo rent. Return on cash invested shows 23.22% in year one, and 5% annual appreciation builds toward $92,817 over five years. Five-year ROI reaches 121.83% and total cumulative return in cash records $135,679. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,696/mo property income covering a $1,644/mo payment rather than investor’s personal income.
Single Family
Built in 2025
6,534 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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