1516 Jim Colbert LnEl PasoTX79936
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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 1516 Jim Colbert Ln, El Paso, TX, 79936 listed at $230,000 pairs $1,849/mo rent with a $1,126/mo payment to leave $213/mo cash flow. Total monthly income runs $1,849/mo, and annual cash flow reaches $2,558/yr on $76,245 cash to close. Return on cash invested measures 23.26% in year one, and rental yield registers 9.65% at a $230,000 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,545 by year five. Five-year ROI tracks 122.11% and total cumulative return in cash totals $93,103. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,849/mo property income relative to a $1,126/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79936, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 38,311 (100%) |
| Owner Occupied HU | 25,719 (67.1%) |
| Renter Occupied HU | 11,315 (29.5%) |
| Vacant Housing Units | 1,277 ( 3.3%) |
| Median Home Value | $205,341 |
| Average Home Value | $242,808 |
Housing Distribution
Address Breakdown
Residential
37,280
Single Family
33,765
Multi-Family
3,515
Businesses
2,611
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