3017 Pera AveEl PasoTX79905
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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 3017 Pera Ave, El Paso, TX, 79905 generates $1,004/mo in rent and, after a $685/mo payment, leaves $9/mo in cash flow. Total monthly income is $1,004/mo, and annual cash flow is $104/yr on $46,410 invested. Return on cash invested sits at 20.13% in year one, and rental yield is 8.61% on a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 105.28% and total cumulative return in cash sums $48,862. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,004/mo property income rather than buyer’s personal income.
Single Family
Built in 1928
1,007 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79905, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,107 (100%) |
| Owner Occupied HU | 4,068 (44.7%) |
| Renter Occupied HU | 4,116 (45.2%) |
| Vacant Housing Units | 923 (10.1%) |
| Median Home Value | $116,067 |
| Average Home Value | $159,583 |
Housing Distribution
Address Breakdown
Residential
8,364
Single Family
7,480
Multi-Family
884
Businesses
1,062
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Listed by: Eduardo Martinez • THE WILLIAMS ADVANCED REALTY TEAM (THE WAR TEAM)
Mls Name: GEPAR
Mls Provider:
Mls ID: #909475
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.