3585 Waterspring LnEl PasoTX79936
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 3585 Waterspring Ln, El Paso, TX, 79936 earns $43/mo cash flow from $1,011/mo rent with a $656/mo payment. Total monthly income totals $1,011/mo, and annual cash flow totals $516/yr on $44,421 capital. ROI tracks 21.07% on current figures, and rental yield reads 9.05% at a $134,000 purchase. Equity gained on principal adds $865/yr, and 5% annual appreciation supports $37,022 over five years. Five-year ROI reaches 110.4% and total cumulative return in cash sums $49,043. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,011/mo property income instead of your personal income.
Single Family
Built in 2002
3,049 sqft lot
$N/A/sqft
$15 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79936, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 38,311 (100%) |
| Owner Occupied HU | 25,719 (67.1%) |
| Renter Occupied HU | 11,315 (29.5%) |
| Vacant Housing Units | 1,277 ( 3.3%) |
| Median Home Value | $205,341 |
| Average Home Value | $242,808 |
Housing Distribution
Address Breakdown
Residential
37,280
Single Family
33,765
Multi-Family
3,515
Businesses
2,611
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Nearby investment properties with comparable prices
Listed by: Patti Musshorn • Majestic, REALTORS
Mls Name: GEPAR
Mls Provider:
Mls ID: #925696
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.