3716 McConnell AveEl PasoTX79904
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 3716 McConnell Ave, El Paso, TX, 79904 in El Paso worth study. Rental yield 1.97%. The 1.97% gross yield is below cash-flow benchmarks at $499,000, but 5% annual appreciation, adding $137,865 over five years, frames this as a capital growth position. Rent of $818/mo partially offsets the $2,244/mo payment. Ziffy Mortgage finances appreciation-play properties (0.36 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $15,503.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2% | 5.8% |
| Monthly Cash Flow | $(2,730) | $385 |
City averages based on El Paso market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $818 |
| Total Monthly Debt Service | $3,350 |
| DSCR Ratio | 0.24x |
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.
Multi Family
Built in 1973
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79904, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,932 (100%) |
| Owner Occupied HU | 5,393 (41.7%) |
| Renter Occupied HU | 6,444 (49.8%) |
| Vacant Housing Units | 1,095 ( 8.5%) |
| Median Home Value | $163,469 |
| Average Home Value | $208,956 |
Housing Distribution
Address Breakdown
Residential
12,151
Single Family
11,938
Multi-Family
213
Businesses
585
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
Multi Family
Built in 1973
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79904, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,932 (100%) |
| Owner Occupied HU | 5,393 (41.7%) |
| Renter Occupied HU | 6,444 (49.8%) |
| Vacant Housing Units | 1,095 ( 8.5%) |
| Median Home Value | $163,469 |
| Average Home Value | $208,956 |
Housing Distribution
Address Breakdown
Residential
12,151
Single Family
11,938
Multi-Family
213
Businesses
585
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Roland H Correa • R C Properties
Mls Name: GEPAR
Mls Provider:
Mls ID: #920661
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.