456 Borealis LnEl 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 456 Borealis Ln, El Paso, TX, 79912 priced at $449,950 pairs $4,254/mo rent with $1,055/mo cash flow after a $2,202/mo payment. Total monthly income equals $4,254/mo, and annual cash flow comes to $12,655/yr on $149,158 invested. Return on cash invested is 28.39% in year one, and rental yield stands at 11.35% on a $449,950 basis. Equity gained on principal adds $2,903/yr, and 5% annual appreciation accumulates to $124,313 by year five. Five-year ROI measures 149.55% and total cumulative return in cash reaches $223,070. For financing, Ziffy Mortgage’s DSCR program evaluates $4,254/mo property income against a $2,202/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1965
10,018 sqft 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: Julieta Escobar • International Real Estate
Mls Name: GEPAR
Mls Provider:
Mls ID: #903819
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.