13048 Sparks DrEl 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 13048 Sparks Dr, El Paso, TX, 79928 offers a 9.24% rental yield on a $387,000 purchase with $2,981/mo rent. Total monthly income registers $2,981/mo, and a $1,894/mo payment leaves $229/mo available for distribution. Annual cash flow reaches $2,750/yr on $128,291 to close, and return on cash invested stands at 22.05% in year one. Equity gained on principal adds $2,497/yr while 5% annual appreciation supports $106,921 over five years. Portfolio math shows five-year ROI at 115.57% and total cumulative return in cash at $148,262. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,981/mo property income against a $1,894/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 2008
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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