6708 Stone CtEl PasoTX79924
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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
Rental property for sale in El Paso at 6708 Stone Ct, El Paso, TX, 79924 generates $1,310/mo in rent, after a $905/mo payment. Total monthly income is $1,310/mo. Return on cash invested sits at 19.81% in year one, and rental yield is 8.5% on a $184,900 entry. Equity gained on principal adds $1,193/yr, while 5% annual appreciation builds toward $51,084 over five years. Five-year ROI reaches 103.6% and total cumulative return in cash sums $63,499. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,310/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79924, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,474 (100%) |
| Owner Occupied HU | 14,187 (60.4%) |
| Renter Occupied HU | 7,920 (33.7%) |
| Vacant Housing Units | 1,367 ( 5.8%) |
| Median Home Value | $156,979 |
| Average Home Value | $198,637 |
Housing Distribution
Address Breakdown
Residential
22,683
Single Family
21,086
Multi-Family
1,597
Businesses
826
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