260 Dixie St #ACanutilloTX79835
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
Rental property for sale in Canutillo at 260 Dixie St #A, Canutillo, TX, 79835 offers $1,624/mo rent that, after a $734/mo payment, leaves $558/mo cash flow. Total monthly income is $1,624/mo, and annual cash flow is $6,690/yr on $49,725 cash. Return on cash invested measures 33.36% in year one, and rental yield stands at 12.99% at a $150,000 entry. Equity gained on principal adds $968/yr while 5% annual appreciation compounds into $41,442 by year five. Five-year ROI records 176.28% and total cumulative return in cash reaches $87,654. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,624/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1972
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79835, Canutillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,378 (100%) |
| Owner Occupied HU | 2,936 (67.1%) |
| Renter Occupied HU | 1,133 (25.9%) |
| Vacant Housing Units | 309 ( 7.1%) |
| Median Home Value | $201,282 |
| Average Home Value | $199,660 |
Housing Distribution
Address Breakdown
Residential
3,737
Single Family
3,730
Multi-Family
7
Businesses
473
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ruth Ann Burkman • The Real Estate Power Houses
Mls Name: GEPAR
Mls Provider:
Mls ID: #902800
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.