5005 Meade CtEl PasoTX79904
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 5005 Meade Ct, El Paso, TX, 79904 priced at $159,000 converts $1,432/mo rent into $269/mo cash flow after a $778/mo obligation. Total monthly income equals $1,432/mo, and annual cash flow totals $3,234/yr on $52,709 invested. Return on cash invested prints 26.04% in year one, and rental yield reads 10.81% against a $159,000 entry. Equity gained on principal adds $1,026/yr, while 5% annual appreciation compiles into $43,929 by year five. Five-year ROI reaches 137.26% and total cumulative return in cash sums $72,348. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,432/mo property income covering a $778/mo payment, not borrower’s personal income.
Single Family
Built in 1954
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79904, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,932 (100%) |
| Owner Occupied HU | 5,393 (41.7%) |
| Renter Occupied HU | 6,444 (49.8%) |
| Vacant Housing Units | 1,095 ( 8.5%) |
| Median Home Value | $163,469 |
| Average Home Value | $208,956 |
Housing Distribution
Address Breakdown
Residential
12,151
Single Family
11,938
Multi-Family
213
Businesses
585
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Adrian Serrano • Best Agents Real Estate Co LLC
Mls Name: GEPAR
Mls Provider:
Mls ID: #912124
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.