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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in El Paso at 4408 Redwing Way, El Paso, TX, 79922 uses $82,872 cash to close to unlock $2,218/yr annual cash flow and $185/mo monthly cash flow. Total monthly income runs $1,963/mo, and a $1,224/mo payment keeps the spread at $185/mo. Purchase price stands at $249,990, and rental yield measures 9.42% with $1,963/mo rent. Return on cash invested shows 22.59% in year one, and 5% annual appreciation builds toward $69,068 over five years. Five-year ROI reaches 118.41% and total cumulative return in cash records $98,131. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,963/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1972
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 79922, El Paso, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,156 (100%) |
| Owner Occupied HU | 2,471 (78.3%) |
| Renter Occupied HU | 434 (13.8%) |
| Vacant Housing Units | 251 ( 8.0%) |
| Median Home Value | $362,739 |
| Average Home Value | $397,151 |
Residential
2,894
Single Family
2,894
Multi-Family
0
Businesses
307
Date | Event | Price |
|---|---|---|
| 2024-09-05 | Price change | $249,990 |
| 2024-07-02 | Price change | $282,500 |
| 2024-07-01 | Listed for sale | $282,666 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | N/A | N/A | $166,222 | 10.00% |
| 2023-10-23 | $2979.09 | -14.31% | $151,111 | 10.00% |
| 2022-10-23 | $3476.57 | -0.52% | $137,374 | 10.00% |
Listed by: Juan Alarcon • Marquis Realty Inc.
Mls Name: GEPAR
Mls Provider:
Mls ID: #904280
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.
