233 McDowell StEl PasoTX79932
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
Investment Highlights
Investment property for sale in El Paso at 233 McDowell St, El Paso, TX, 79932 uses $139,230 cash to close to unlock $11,924/yr annual cash flow and $994/mo monthly cash flow. Total monthly income runs $4,156/mo, and a $2,056/mo payment keeps the spread at $994/mo. Purchase price stands at $420,000, and rental yield measures 11.87% with $4,156/mo rent. Return on cash invested shows 28.47% in year one, and 5% annual appreciation builds toward $116,038 over five years. Five-year ROI reaches 150.52% and total cumulative return in cash records $209,575. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,156/mo property income covering a $2,056/mo payment rather than investor’s personal income.
Single Family
Built in 2019
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79932, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,933 (100%) |
| Owner Occupied HU | 8,372 (70.2%) |
| Renter Occupied HU | 2,913 (24.4%) |
| Vacant Housing Units | 648 ( 5.4%) |
| Median Home Value | $281,861 |
| Average Home Value | $307,805 |
Housing Distribution
Address Breakdown
Residential
11,130
Single Family
10,962
Multi-Family
168
Businesses
574
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Nearby investment properties with comparable prices
Listed by: Alexander Cordova • JPAR
Mls Name: GEPAR
Mls Provider:
Mls ID: #907727
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.