13840 Paseo Celeste DrEl PasoTX79928
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 13840 Paseo Celeste Dr, El Paso, TX, 79928 priced at $316,950 converts $2,172/mo rent into after a $1,551/mo obligation. Total monthly income equals $2,172/mo. Return on cash invested prints 18.5% in year one, and rental yield reads 8.22% against a $316,950 entry. Equity gained on principal adds $2,045/yr, while 5% annual appreciation compiles into $87,567 by year five. Five-year ROI reaches 96.67% and total cumulative return in cash sums $101,573. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,172/mo property income covering a $1,551/mo payment, not borrower’s personal income.
Single Family
Built in 2024
5,227 sqft lot
$N/A/sqft
$500 annually 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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Nearby investment properties with comparable prices
Listed by: Ramon A Borrego • Grow Real Estate Firm
Mls Name: GEPAR
Mls Provider:
Mls ID: #905466
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the Greater El Paso Association of REALTORS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing brokers. Listing data is deemed reliable but not guaranteed. Copyright 2024 the Greater El Paso Association of REALTORS, MLS Inc. All rights reserved.