1580 & 1582 Ridge RdEl PasoAR72045
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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 El Paso at 1580 & 1582 Ridge Rd, El Paso, AR, 72045 generates $1,938/mo in rent, after a $2,129/mo payment. Total monthly income is $1,938/mo. Return on cash invested sits at 14.28% in year one, and rental yield is 5.35% on a $434,900 entry. Equity gained on principal adds $2,806/yr, while 5% annual appreciation builds toward $120,155 over five years. Five-year ROI reaches 72.43% and total cumulative return in cash sums $104,417. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,938/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
47.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 72045, El Paso, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 518 (100%) |
| Owner Occupied HU | 384 (74.1%) |
| Renter Occupied HU | 69 (13.3%) |
| Vacant Housing Units | 65 (12.5%) |
| Median Home Value | $203,175 |
| Average Home Value | $223,249 |
Housing Distribution
Address Breakdown
Residential
538
Single Family
538
Multi-Family
0
Businesses
40
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