2219 Magoffin AveEl PasoTX79901
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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 2219 Magoffin Ave, El Paso, TX, 79901 earns from $853/mo rent with a $2,349/mo payment. Total monthly income totals $853/mo. ROI tracks 0.6% on current figures, and rental yield reads 2.13% at a $480,000 purchase. Equity gained on principal adds $3,097/yr, and 5% annual appreciation supports $132,615 over five years. Five-year ROI reaches 0.52% and total cumulative return in cash sums $821. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $853/mo property income instead of your personal income.
Multi Family
Built in 1912
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79901, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,053 (100%) |
| Owner Occupied HU | 517 (10.2%) |
| Renter Occupied HU | 3,751 (74.2%) |
| Vacant Housing Units | 785 (15.5%) |
| Median Home Value | $117,708 |
| Average Home Value | $250,722 |
Housing Distribution
Address Breakdown
Residential
4,722
Single Family
3,640
Multi-Family
1,082
Businesses
1,802
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