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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 1815 E Robinson Ave, El Paso, TX, 79902 listed at $749,900 pairs $2,555/mo rent with a $3,670/mo payment. Total monthly income runs $2,555/mo. Return on cash invested measures 6.55% in year one, and rental yield registers 4.09% at a $749,900 basis. Equity gained on principal adds $4,839/yr, and annual property appreciation at 5% supports $207,184 by year five. Five-year ROI tracks 32.4% and total cumulative return in cash totals $79,930. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,555/mo property income relative to a $3,670/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1951
0.28 Acres 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 |
|---|---|---|
| 2024-08-23 | Listed for sale | $749,900 |
| 2022-12-01 | Sold | N/A |
| 2022-10-18 | Contingent | $499,888 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | N/A | N/A | $414,986 | 10.00% |
| 2023-10-23 | $10435.87 | 17.30% | $377,260 | 25.52% |
| 2022-10-23 | $8896.81 | 4.10% | $300,553 | 9.89% |
Listed by: Gonzalo Diaz • Home Pros Real Estate Group
Mls Name: GEPAR
Mls Provider:
Mls ID: #907459
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.
