3306 Wyoming AveEl PasoTX79903
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in El Paso at 3306 Wyoming Ave, El Paso, TX, 79903 uses $104,423 cash to close to unlock $12,489/yr annual cash flow and $1,041/mo monthly cash flow. Total monthly income runs $3,281/mo, and a $1,542/mo payment keeps the spread at $1,041/mo. Purchase price stands at $315,000, and rental yield measures 12.5% with $3,281/mo rent. Return on cash invested shows 31.87% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 168.2% and total cumulative return in cash records $175,637. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,281/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 1977
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79903, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,269 (100%) |
| Owner Occupied HU | 3,512 (48.3%) |
| Renter Occupied HU | 3,073 (42.3%) |
| Vacant Housing Units | 684 ( 9.4%) |
| Median Home Value | $143,271 |
| Average Home Value | $185,975 |
Housing Distribution
Address Breakdown
Residential
6,582
Single Family
6,174
Multi-Family
408
Businesses
910
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Listed by: Martha Monticone • eXp Realty LLC
Mls Name: GEPAR
Mls Provider:
Mls ID: #901041
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.