368 Mirasol DrEl PasoTX79907
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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 368 Mirasol Dr, El Paso, TX, 79907 priced at $159,900 converts $1,261/mo rent into $124/mo cash flow after a $783/mo obligation. Total monthly income equals $1,261/mo, and annual cash flow totals $1,483/yr on $53,007 invested. Return on cash invested prints 22.71% in year one, and rental yield reads 9.46% against a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,177 by year five. Five-year ROI reaches 119.09% and total cumulative return in cash sums $63,126. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,261/mo property income covering a $783/mo payment, not borrower’s personal income.
Single Family
Built in 1972
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79907, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,362 (100%) |
| Owner Occupied HU | 11,172 (57.7%) |
| Renter Occupied HU | 7,110 (36.7%) |
| Vacant Housing Units | 1,080 ( 5.6%) |
| Median Home Value | $147,579 |
| Average Home Value | $201,704 |
Housing Distribution
Address Breakdown
Residential
18,296
Single Family
17,120
Multi-Family
1,176
Businesses
1,097
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