524 S Festival DrEl 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
Investment property for sale in El Paso at 524 S Festival Dr, El Paso, TX, 79912 at $599,450 posts ROI 14.82% with from $3,402/mo rent. Total monthly income equals $3,402/mo. Return on cash invested measures 14.82% and rental yield reads 6.81% at the current $599,450. Equity gained on principal adds $3,868/yr, and 5% annual appreciation supports $165,617 by year five. Five-year ROI prints 76.77% and total cumulative return in cash totals $151,399. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,402/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2017
4,356 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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