4708 Harmony DrEl PasoTX79924
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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
Investment property for sale in El Paso at 4708 Harmony Dr, El Paso, TX, 79924 offers a 10.54% rental yield on a $187,000 purchase with $1,642/mo rent. Total monthly income registers $1,642/mo, and a $915/mo payment leaves $312/mo available for distribution. Annual cash flow reaches $3,750/yr on $61,991 to close, and return on cash invested stands at 25.96% in year one. Equity gained on principal adds $1,207/yr while 5% annual appreciation supports $51,665 over five years. Portfolio math shows five-year ROI at 136.52% and total cumulative return in cash at $84,630. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,642/mo property income against a $915/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79924, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,474 (100%) |
| Owner Occupied HU | 14,187 (60.4%) |
| Renter Occupied HU | 7,920 (33.7%) |
| Vacant Housing Units | 1,367 ( 5.8%) |
| Median Home Value | $156,979 |
| Average Home Value | $198,637 |
Housing Distribution
Address Breakdown
Residential
22,683
Single Family
21,086
Multi-Family
1,597
Businesses
826
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