6418 Cadence River DrEl PasoTX79932
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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 6418 Cadence River Dr, El Paso, TX, 79932 earns from $3,702/mo rent with a $4,581/mo payment. Total monthly income totals $3,702/mo. ROI tracks 8.55% on current figures, and rental yield reads 4.75% at a $935,900 purchase. Equity gained on principal adds $6,039/yr, and 5% annual appreciation supports $258,572 over five years. Five-year ROI reaches 43.12% and total cumulative return in cash sums $132,759. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,702/mo property income instead of your personal income.
Single Family
Built in 2024
0.45 Acres 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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