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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% |
Rental property for sale in El Paso at 246 Gonzalo Cir, El Paso, TX, 79932 priced at $349,000 converts $2,316/mo rent into after a $1,708/mo obligation. Total monthly income equals $2,316/mo. Return on cash invested prints 18.19% in year one, and rental yield reads 7.96% against a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation compiles into $96,422 by year five. Five-year ROI reaches 94.86% and total cumulative return in cash sums $109,752. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,316/mo property income covering a $1,708/mo payment, not borrower’s personal income.
Single Family
Built in 2018
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 79932, El Paso, TX area.
| 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 |
Residential
11,130
Single Family
10,962
Multi-Family
168
Businesses
574
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Yessenia Lauretta Quinones • ClearView Realty
Mls Name: GEPAR
Mls ID: #928504
