3425 Morehead AveEl PasoTX79930
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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 3425 Morehead Ave, El Paso, TX, 79930 generates $930/mo in rent and, after a $587/mo payment, leaves $77/mo in cash flow. Total monthly income is $930/mo, and annual cash flow is $925/yr on $39,763 invested. Return on cash invested sits at 22.24% in year one, and rental yield is 9.3% on a $119,950 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,140 over five years. Five-year ROI reaches 116.65% and total cumulative return in cash sums $46,383. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $930/mo property income rather than buyer’s personal income.
Single Family
Built in 1915
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79930, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,260 (100%) |
| Owner Occupied HU | 5,092 (45.2%) |
| Renter Occupied HU | 5,064 (45.0%) |
| Vacant Housing Units | 1,104 ( 9.8%) |
| Median Home Value | $168,584 |
| Average Home Value | $200,479 |
Housing Distribution
Address Breakdown
Residential
10,157
Single Family
10,151
Multi-Family
6
Businesses
406
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