300 Kerbey AveEl PasoTX79902
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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 300 Kerbey Ave, El Paso, TX, 79902 priced at $424,999 converts $2,298/mo rent into after a $2,080/mo obligation. Total monthly income equals $2,298/mo. Return on cash invested prints 13.74% in year one, and rental yield reads 6.49% against a $424,999 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,419 by year five. Five-year ROI reaches 70.97% and total cumulative return in cash sums $99,988. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,298/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 1956
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79902, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,387 (100%) |
| Owner Occupied HU | 3,471 (33.4%) |
| Renter Occupied HU | 5,785 (55.7%) |
| Vacant Housing Units | 1,131 (10.9%) |
| Median Home Value | $303,796 |
| Average Home Value | $328,055 |
Housing Distribution
Address Breakdown
Residential
9,858
Single Family
8,904
Multi-Family
954
Businesses
1,515
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