14064 Rainbow Point DrEl PasoTX79938
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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 14064 Rainbow Point Dr, El Paso, TX, 79938 uses $88,792 cash to close to unlock $2,643/yr annual cash flow and $220/mo monthly cash flow. Total monthly income runs $2,125/mo, and a $1,311/mo payment keeps the spread at $220/mo. Purchase price stands at $267,850, and rental yield measures 9.52% with $2,125/mo rent. Return on cash invested shows 22.89% in year one, and 5% annual appreciation builds toward $74,002 over five years. Five-year ROI reaches 120.04% and total cumulative return in cash records $106,582. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,125/mo property income covering a $1,311/mo payment rather than investor’s personal income.
Single Family
Built in 2010
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79938, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,205 (100%) |
| Owner Occupied HU | 23,881 (74.2%) |
| Renter Occupied HU | 6,916 (21.5%) |
| Vacant Housing Units | 1,408 ( 4.4%) |
| Median Home Value | $229,513 |
| Average Home Value | $242,428 |
Housing Distribution
Address Breakdown
Residential
31,696
Single Family
31,282
Multi-Family
414
Businesses
1,102
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