15232 ConvictionEl 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 15232 Conviction, El Paso, TX, 79938 uses $84,184 cash to close to unlock $217/yr annual cash flow and $18/mo monthly cash flow. Total monthly income runs $1,824/mo, and a $1,243/mo payment keeps the spread at $18/mo. Purchase price stands at $253,950, and rental yield measures 8.62% with $1,824/mo rent. Return on cash invested shows 20.17% in year one, and 5% annual appreciation builds toward $70,162 over five years. Five-year ROI reaches 105.49% and total cumulative return in cash records $88,802. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,824/mo property income covering a $1,243/mo payment rather than investor’s personal income.
Single Family
Built in 2025
5,227 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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