6128 Oleaster DrEl PasoTX79932
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 6128 Oleaster Dr, El Paso, TX, 79932 generates $3,054/mo in rent and, after a $2,031/mo payment, leaves $103/mo in cash flow. Total monthly income is $3,054/mo, and annual cash flow is $1,238/yr on $137,556 invested. Return on cash invested sits at 20.81% in year one, and rental yield is 8.83% on a $414,950 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation builds toward $114,643 over five years. Five-year ROI reaches 108.91% and total cumulative return in cash sums $149,813. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,054/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79932, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,933 (100%) |
| Owner Occupied HU | 8,372 (70.2%) |
| Renter Occupied HU | 2,913 (24.4%) |
| Vacant Housing Units | 648 ( 5.4%) |
| Median Home Value | $281,861 |
| Average Home Value | $307,805 |
Housing Distribution
Address Breakdown
Residential
11,130
Single Family
10,962
Multi-Family
168
Businesses
574
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Nearby investment properties with comparable prices
Listed by: Michelle Mata • Premier Real Estate, LLC
Mls Name: GEPAR
Mls Provider:
Mls ID: #911177
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.