7009 Faxon DrEl PasoTX79924
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis El Paso rental at 7009 Faxon Dr, El Paso, TX, 79924 sits in the solid-income band: 10.29% gross yield, $1,928/mo rent, $329/mo net after the $1,012/mo debt service, DSCR 1.91. Entry price of $224,950 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $62,150 and $2,072/yr in principal reduction bring total cumulative return to $107,324.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 5.8% |
| Monthly Cash Flow | $329 | $385 |
City averages based on El Paso market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,928 |
| Total Monthly Debt Service | $1,510 |
| DSCR Ratio | 1.28x |
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 2016
5,227 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
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 2016
5,227 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices