14319 Island Point DrEl PasoTX79938
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
Investment property for sale in El Paso at 14319 Island Point Dr, El Paso, TX, 79938 offers a 10.44% rental yield on a $264,600 purchase with $2,302/mo rent. Total monthly income registers $2,302/mo, and a $1,295/mo payment leaves $420/mo available for distribution. Annual cash flow reaches $5,046/yr on $87,715 to close, and return on cash invested stands at 25.66% in year one. Equity gained on principal adds $1,707/yr while 5% annual appreciation supports $73,104 over five years. Portfolio math shows five-year ROI at 134.93% and total cumulative return in cash at $118,354. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,302/mo property income against a $1,295/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
5,009 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices