5736 Devon AveEl PasoTX79924
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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 5736 Devon Ave, El Paso, TX, 79924 offers $1,643/mo rent that, after a $898/mo payment, leaves $338/mo cash flow. Total monthly income is $1,643/mo, and annual cash flow is $4,059/yr on $60,830 cash. Return on cash invested measures 26.58% in year one, and rental yield stands at 10.74% at a $183,500 entry. Equity gained on principal adds $1,184/yr while 5% annual appreciation compounds into $50,698 by year five. Five-year ROI records 139.9% and total cumulative return in cash reaches $85,104. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,643/mo property income versus a $898/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
6,534 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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Nearby investment properties with comparable prices
Listed by: Jese Gonzalez • Keller Williams Realty
Mls Name: GEPAR
Mls Provider:
Mls ID: #896035
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.