5640 Salem 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 5640 Salem Dr, El Paso, TX, 79924 with 5% annual appreciation on a $165,000 basis while $1,315/mo rent supports operations. Total monthly income totals $1,315/mo and a $808/mo payment preserves $141/mo for cash returns. Annual cash flow comes to $1,695/yr on $54,698 deployed, and return on cash invested reaches 23.01% in year one. Equity gained on principal adds $1,065/yr, and five-year appreciation sums $45,586 alongside rental yield of 9.56%. Five-year ROI measures 120.75% and total cumulative return in cash totals $66,047.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,315/mo property income versus a $808/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1967
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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