296 Pyrite DrEl PasoTX79932
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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
Rental property for sale in El Paso at 296 Pyrite Dr, El Paso, TX, 79932 offers $1,469/mo rent that, after a $1,003/mo payment, leaves $12/mo cash flow. Total monthly income is $1,469/mo, and annual cash flow is $140/yr on $67,941 cash. Return on cash invested measures 20.12% in year one, and rental yield stands at 8.6% at a $204,950 entry. Equity gained on principal adds $1,323/yr while 5% annual appreciation compounds into $56,624 by year five. Five-year ROI records 105.18% and total cumulative return in cash reaches $71,462. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,469/mo property income versus a $1,003/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
6,534 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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