350 Thunderbird Dr APT 1El PasoTX79912
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFinancing efficiency matters for international buyers, and 350 Thunderbird Dr APT 1, El Paso, TX, 79912 in El Paso offers it: the 2.20 DSCR gives Ziffy Mortgage's underwriting team an unusually clean file, no U.S. credit, no personal income required. Rental yield 11.88%. Long-term, 5% appreciation is forecast to add $50,952, and $1,699/yr in principal paydown compounds equity steadily. Projected five-year cumulative return: $64,243.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 5.8% |
| Monthly Cash Flow | $(145) | $385 |
City averages based on El Paso market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,826 |
| Total Monthly Debt Service | $1,898 |
| DSCR Ratio | 0.96x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1964
4,356 sqft lot
$N/A/sqft
$660 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79912, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,534 (100%) |
| Owner Occupied HU | 17,354 (51.8%) |
| Renter Occupied HU | 13,848 (41.3%) |
| Vacant Housing Units | 2,332 ( 7.0%) |
| Median Home Value | $272,528 |
| Average Home Value | $315,218 |
Housing Distribution
Address Breakdown
Residential
32,803
Single Family
27,217
Multi-Family
5,586
Businesses
2,186
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
Condo
Built in 1964
4,356 sqft lot
$N/A/sqft
$660 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79912, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,534 (100%) |
| Owner Occupied HU | 17,354 (51.8%) |
| Renter Occupied HU | 13,848 (41.3%) |
| Vacant Housing Units | 2,332 ( 7.0%) |
| Median Home Value | $272,528 |
| Average Home Value | $315,218 |
Housing Distribution
Address Breakdown
Residential
32,803
Single Family
27,217
Multi-Family
5,586
Businesses
2,186
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sergio Villarreal Alvarez • Search Realty, LLC
Mls Name: GEPAR
Mls Provider:
Mls ID: #919637
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 2025 the Greater El Paso Association of REALTORS, MLS Inc. All rights reserved.