300 Saltford 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
Rental property for sale in El Paso at 300 Saltford Dr, El Paso, TX, 79928 offers $2,012/mo rent that, after a $1,472/mo payment. Total monthly income is $2,012/mo. Return on cash invested measures 17.48% in year one, and rental yield stands at 8.03% at a $300,800 entry. Equity gained on principal adds $1,941/yr while 5% annual appreciation compounds into $83,105 by year five. Five-year ROI records 91.33% and total cumulative return in cash reaches $91,067. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,012/mo property income versus a $1,472/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
5,096 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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