245 Emerald Tower DrEl PasoTX79928
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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 245 Emerald Tower Dr, El Paso, TX, 79928 at $349,900 posts ROI 21.27% with $131/mo cash flow from $2,620/mo rent. Total monthly income equals $2,620/mo, and annual cash flow records $1,577/yr on $115,992 to close. Return on cash invested measures 21.27% and rental yield reads 8.99% at the current $349,900. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 by year five. Five-year ROI prints 111.38% and total cumulative return in cash totals $129,186.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,620/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2022
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79928, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,805 (100%) |
| Owner Occupied HU | 24,286 (81.5%) |
| Renter Occupied HU | 3,857 (12.9%) |
| Vacant Housing Units | 1,662 ( 5.6%) |
| Median Home Value | $235,364 |
| Average Home Value | $255,668 |
Housing Distribution
Address Breakdown
Residential
29,615
Single Family
29,615
Multi-Family
0
Businesses
766
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