621 Hempstead DrEl PasoTX79912
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
Investment property for sale in El Paso at 621 Hempstead Dr, El Paso, TX, 79912 uses $94,478 cash to close to unlock $3,382/yr annual cash flow and $282/mo monthly cash flow. Total monthly income runs $2,448/mo, and a $1,395/mo payment keeps the spread at $282/mo. Purchase price stands at $285,000, and rental yield measures 10.31% with $2,448/mo rent. Return on cash invested shows 23.49% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 123.88% and total cumulative return in cash records $117,042. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,448/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in 1986
6,534 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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Listed by: MariaElena Barreras • New Beginnings Realty-1964
Mls Name: GEPAR
Mls Provider:
Mls ID: #919792
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 2025 the Greater El Paso Association of REALTORS, MLS Inc. All rights reserved.