1299 Milan Ridge DrEl PasoTX79912
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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 1299 Milan Ridge Dr, El Paso, TX, 79912 at $760,000 posts ROI 25.23% with $1,078/mo cash flow from $6,868/mo rent. Total monthly income equals $6,868/mo, and annual cash flow records $12,933/yr on $250,040 to close. Return on cash invested measures 25.23% and rental yield reads 10.84% at the current $760,000. Equity gained on principal adds $4,904/yr, and 5% annual appreciation supports $209,974 by year five. Five-year ROI prints 133.24% and total cumulative return in cash totals $333,157.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,868/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2020
9,038 sqft lot
$N/A/sqft
$500 annually 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
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Listed by: Mathukutty Kariampally • Prompt Realty & Mortgage, Inc
Mls Name: HAR
Mls Provider:
Mls ID: #94724397
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