700 Milton HenryEl 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
Rental property for sale in El Paso at 700 Milton Henry, El Paso, TX, 79932 priced at $292,000 converts $2,306/mo rent into $209/mo cash flow after a $1,429/mo obligation. Total monthly income equals $2,306/mo, and annual cash flow totals $2,503/yr on $96,798 invested. Return on cash invested prints 22.49% in year one, and rental yield reads 9.48% against a $292,000 entry. Equity gained on principal adds $1,884/yr, while 5% annual appreciation compiles into $80,674 by year five. Five-year ROI reaches 118.03% and total cumulative return in cash sums $114,248. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,306/mo property income covering a $1,429/mo payment, not borrower’s personal income.
Single Family
Built in 2005
5,662 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
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