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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% |
Rental property for sale in El Paso at 600 Blacker Ave, El Paso, TX, 79902 offers $3,504/mo rent that, after a $3,416/mo payment. Total monthly income is $3,504/mo. Return on cash invested measures 12.43% in year one, and rental yield stands at 6.02% at a $698,000 entry. Equity gained on principal adds $4,504/yr while 5% annual appreciation compounds into $192,845 by year five. Five-year ROI records 63.95% and total cumulative return in cash reaches $146,856. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,504/mo property income versus a $3,416/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1938
7,840 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 |
|---|---|---|
| 2024-10-04 | Price change | $698,000 |
| 2024-07-13 | Listed for sale | $775,000 |
| 2018-11-15 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $299,380 | 10.00% |
| 2023-12-27 | $4611.68 | -13.61% | $272,164 | 16.21% |
| 2022-12-27 | $5338.47 | 2.30% | $234,198 | 10.00% |
Listed by: Brenda Rogers • Dream Work Realty
Mls Name: GEPAR
Mls Provider:
Mls ID: #905050
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.
