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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 511 Corto Way, El Paso, TX, 79902 at $425,000 posts ROI 10.13% with from $1,874/mo rent. Total monthly income equals $1,874/mo. Return on cash invested measures 10.13% and rental yield reads 5.29% at the current $425,000. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 by year five. Five-year ROI prints 51.6% and total cumulative return in cash totals $72,701. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,874/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1904
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 79902, El Paso, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,387 (100%) |
| Owner Occupied HU | 3,471 (33.4%) |
| Renter Occupied HU | 5,785 (55.7%) |
| Vacant Housing Units | 1,131 (10.9%) |
| Median Home Value | $303,796 |
| Average Home Value | $328,055 |
Residential
9,858
Single Family
8,904
Multi-Family
954
Businesses
1,515
Date | Event | Price |
|---|---|---|
| 2024-10-15 | Listed for sale | $425,000 |
| 2010-02-03 | Listing removed | $239,950 |
| 2009-12-09 | Price change | $239,950 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | N/A | N/A | $219,232 | 20.00% |
| 2023-10-23 | $5053.72 | -8.14% | $182,693 | -1.70% |
| 2022-10-23 | $5501.77 | 18.26% | $185,861 | 24.83% |
Listed by: Bertha Norzagaray • Ruben G Schaeffer, REALTOR
Mls Name: GEPAR
Mls Provider:
Mls ID: #910626
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.
