1300 El Paso StWellingtonTX79095
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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 Wellington at 1300 El Paso St, Wellington, TX, 79095 priced at $169,000 pairs $1,264/mo rent with $62/mo cash flow after a $827/mo payment. Total monthly income equals $1,264/mo, and annual cash flow comes to $749/yr on $56,024 invested. Return on cash invested is 21.25% in year one, and rental yield stands at 8.98% on a $169,000 basis. Equity gained on principal adds $1,091/yr, and 5% annual appreciation accumulates to $46,692 by year five. Five-year ROI measures 111.24% and total cumulative return in cash reaches $62,323. For financing, Ziffy Mortgage’s DSCR program evaluates $1,264/mo property income against a $827/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79095, Wellington, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,266 (100%) |
| Owner Occupied HU | 730 (57.7%) |
| Renter Occupied HU | 217 (17.1%) |
| Vacant Housing Units | 319 (25.2%) |
| Median Home Value | $117,262 |
| Average Home Value | $172,979 |
Housing Distribution
Address Breakdown
Residential
999
Single Family
984
Multi-Family
15
Businesses
143
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Listed by: Mark Montgomery • Major League Realty, Inc.
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-950
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.