400 De Vargas DrEl PasoTX79905
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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 400 De Vargas Dr, El Paso, TX, 79905 priced at $220,000 pairs $1,811/mo rent with $223/mo cash flow after a $1,077/mo payment. Total monthly income equals $1,811/mo, and annual cash flow comes to $2,672/yr on $72,930 invested. Return on cash invested is 23.57% in year one, and rental yield stands at 9.88% on a $220,000 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,782 by year five. Five-year ROI measures 123.85% and total cumulative return in cash reaches $90,323. For financing, Ziffy Mortgage’s DSCR program evaluates $1,811/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1954
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79905, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,107 (100%) |
| Owner Occupied HU | 4,068 (44.7%) |
| Renter Occupied HU | 4,116 (45.2%) |
| Vacant Housing Units | 923 (10.1%) |
| Median Home Value | $116,067 |
| Average Home Value | $159,583 |
Housing Distribution
Address Breakdown
Residential
8,364
Single Family
7,480
Multi-Family
884
Businesses
1,062
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Listed by: Ramon Vicente Diaz • EXIT West Realty
Mls Name: GEPAR
Mls Provider:
Mls ID: #912041
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.