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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 6301 Joel King Pl, El Paso, TX, 79932 generates $2,294/mo in rent, after a $1,709/mo payment. Total monthly income is $2,294/mo. Return on cash invested sits at 17.95% in year one, and rental yield is 7.88% on a $349,250 entry. Equity gained on principal adds $2,254/yr, while 5% annual appreciation builds toward $96,491 over five years. Five-year ROI reaches 93.52% and total cumulative return in cash sums $108,270. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,294/mo property income rather than buyer’s personal income.
Single Family
Built in 2010
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 79932, El Paso, TX area.
| 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 |
Residential
11,130
Single Family
10,962
Multi-Family
168
Businesses
574
Date | Event | Price |
|---|---|---|
| 2025-06-18 | Listed for sale | $349,250 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-18 | $5772.68 | 6.67% | $261,672 | 10.00% |
| 2023-06-18 | $5411.69 | -6.58% | $237,884 | 10.00% |
| 2022-06-18 | $5792.62 | 1.35% | $216,258 | 10.00% |
Listed by: Michael A Lopez • Sandy Messer And Associates
Mls Name: GEPAR
Mls Provider:
Mls ID: #924777
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.
