15341 SteerEl PasoTX79938
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis El Paso rental at 15341 Steer, El Paso, TX, 79938 sits in the solid-income band: 10.42% gross yield, $2,584/mo rent, $468/mo net after the $1,338/mo debt service, DSCR 1.93. Entry price of $297,450 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $82,180 and $2,740/yr in principal reduction bring total cumulative return to $144,127.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 5.8% |
| Monthly Cash Flow | $468 | $385 |
City averages based on El Paso market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,584 |
| Total Monthly Debt Service | $1,997 |
| DSCR Ratio | 1.29x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2026
6,098 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
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
Single Family
Built in 2026
6,098 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