3216 Rivera 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
Total monthly income runs $1,445/mo, and a $2,888/mo payment. Purchase price stands at $590,000, and rental yield measures 2.94% with $1,445/mo rent. Return on cash invested shows 3.05% in year one, and 5% annual appreciation builds toward $163,006 over five years. Five-year ROI reaches 13.66% and total cumulative return in cash records $26,524. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,445/mo property income covering a $2,888/mo payment rather than investor’s personal income.
Multi Family
Built in 1962
8,712 sqft 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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