408 Springhill CirEl PasoTX79912
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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 408 Springhill Cir, El Paso, TX, 79912 priced at $383,500 converts $2,524/mo rent into after a $1,877/mo obligation. Total monthly income equals $2,524/mo. Return on cash invested prints 17.99% in year one, and rental yield reads 7.9% against a $383,500 entry. Equity gained on principal adds $2,475/yr, while 5% annual appreciation compiles into $105,954 by year five. Five-year ROI reaches 93.76% and total cumulative return in cash sums $119,191. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,524/mo property income covering a $1,877/mo payment, not borrower’s personal income.
Single Family
Built in 1960
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79912, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,534 (100%) |
| Owner Occupied HU | 17,354 (51.8%) |
| Renter Occupied HU | 13,848 (41.3%) |
| Vacant Housing Units | 2,332 ( 7.0%) |
| Median Home Value | $272,528 |
| Average Home Value | $315,218 |
Housing Distribution
Address Breakdown
Residential
32,803
Single Family
27,217
Multi-Family
5,586
Businesses
2,186
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Listed by: Debbie Hand • Sandy Messer And Associates
Mls Name: GEPAR
Mls Provider:
Mls ID: #924481
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.