149 Desert Mesa DrHorizon CityTX79928
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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
Rental property for sale in Horizon City at 149 Desert Mesa Dr, Horizon City, TX, 79928 priced at $120,000 pairs $963/mo rent with $110/mo cash flow after a $587/mo payment. Total monthly income equals $963/mo, and annual cash flow comes to $1,320/yr on $39,780 invested. Return on cash invested is 23.23% in year one, and rental yield stands at 9.63% on a $120,000 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,154 by year five. Five-year ROI measures 121.86% and total cumulative return in cash reaches $48,475. For financing, Ziffy Mortgage’s DSCR program evaluates $963/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1985
5,662 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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Listed by: Harvey Enriquez • eXp Realty LLC
Mls Name: GEPAR
Mls ID: #931827