518 E Crosby AveEl PasoTX79902
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 518 E Crosby Ave, El Paso, TX, 79902 generates $1,645/mo in rent and, after a $994/mo payment, leaves $201/mo in cash flow. Total monthly income is $1,645/mo, and annual cash flow is $2,412/yr on $67,295 invested. Return on cash invested sits at 23.49% in year one, and rental yield is 9.72% on a $203,000 entry. Equity gained on principal adds $1,310/yr, while 5% annual appreciation builds toward $56,085 over five years. Five-year ROI reaches 123.36% and total cumulative return in cash sums $83,018. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,645/mo property income rather than buyer’s personal income.
Single Family
Built in 1925
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79902, El Paso, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
9,858
Single Family
8,904
Multi-Family
954
Businesses
1,515
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices