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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in El Paso at 1515 N Mesa St, El Paso, TX, 79902 with 5% annual appreciation on a $680,000 basis while $840/mo rent supports operations. 37% in year one. Equity gained on principal adds $4,388/yr, and five-year appreciation sums $187,871 alongside rental yield of 1.48%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $840/mo property income versus a $3,328/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 79902, El Paso, TX area.
| 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 |
Residential
9,858
Single Family
8,904
Multi-Family
954
Businesses
1,515
Date | Event | Price |
|---|---|---|
| 2024-08-09 | Listed for sale | $680,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Listed by: Veronica Medrano • The Broker Sponsor Corporation
Mls Name: GEPAR
Mls Provider:
Mls ID: #900308
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.
