1401 E Nevada AveEl PasoTX79902
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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 1401 E Nevada Ave, El Paso, TX, 79902 uses $76,245 cash to close to unlock $206/yr annual cash flow and $17/mo monthly cash flow. Total monthly income runs $1,653/mo, and a $1,126/mo payment keeps the spread at $17/mo. Purchase price stands at $229,999, and rental yield measures 8.62% with $1,653/mo rent. Return on cash invested shows 20.18% in year one, and 5% annual appreciation builds toward $63,544 over five years. Five-year ROI reaches 105.57% and total cumulative return in cash records $80,490. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,653/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Single Family
Built in 1926
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79902, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,387 (100%) |
| Owner Occupied HU | 3,471 (33.4%) |
| Renter Occupied HU | 5,785 (55.7%) |
| Vacant Housing Units | 1,131 (10.9%) |
| Median Home Value | $303,796 |
| Average Home Value | $328,055 |
Housing Distribution
Address Breakdown
Residential
9,858
Single Family
8,904
Multi-Family
954
Businesses
1,515
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