6764 Ixtapa PlEl PasoTX79932
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 6764 Ixtapa Pl, El Paso, TX, 79932 in El Paso: $4,974/mo in rent, $1,552/mo net, 14.25% gross yield, all on a $419,000 acquisition. The 2.64 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $115,762 in value, and $3,859/yr in principal paydown steadily builds equity. Projected total cumulative return: $262,425.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.3% | 5.8% |
| Monthly Cash Flow | $1,552 | $385 |
City averages based on El Paso market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,974 |
| Total Monthly Debt Service | $3,255 |
| DSCR Ratio | 1.53x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2022
6,098 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
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
Single Family
Built in 2022
6,098 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices