3698 Vanderveer Dr #A & BEl PasoTX79938
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 3698 Vanderveer Dr #A & B, El Paso, TX, 79938 earns from $1,312/mo rent with a $1,331/mo payment. Total monthly income totals $1,312/mo. ROI tracks 11.63% on current figures, and rental yield reads 5.79% at a $272,000 purchase. Equity gained on principal adds $1,755/yr, and 5% annual appreciation supports $75,149 over five years. Five-year ROI reaches 59.72% and total cumulative return in cash sums $53,849. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,312/mo property income instead of your personal income.
Multi Family
Built in 1989
0.25 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Albert Garcia • Realty Pros of El Paso
Mls Name: GEPAR
Mls Provider:
Mls ID: #903719
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 2024 the Greater El Paso Association of REALTORS, MLS Inc. All rights reserved.