3344 Scarlet Point DrEl PasoTX79938
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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 3344 Scarlet Point Dr, El Paso, TX, 79938 offers $1,933/mo rent that, after a $1,041/mo payment, leaves $277/mo cash flow. Total monthly income is $1,933/mo, and annual cash flow is $3,327/yr on $70,477 cash. Return on cash invested measures 24.63% in year one, and rental yield stands at 10.91% at a $212,600 entry. Equity gained on principal adds $1,372/yr while 5% annual appreciation compounds into $58,737 by year five. Five-year ROI records 130.31% and total cumulative return in cash reaches $91,840. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,933/mo property income versus a $1,041/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79938, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,205 (100%) |
| Owner Occupied HU | 23,881 (74.2%) |
| Renter Occupied HU | 6,916 (21.5%) |
| Vacant Housing Units | 1,408 ( 4.4%) |
| Median Home Value | $229,513 |
| Average Home Value | $242,428 |
Housing Distribution
Address Breakdown
Residential
31,696
Single Family
31,282
Multi-Family
414
Businesses
1,102
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