704 McKelligon DrEl PasoTX79902
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
Investment Highlights
Investment property for sale in El Paso at 704 McKelligon Dr, El Paso, TX, 79902 earns $2,756/mo cash flow from $5,960/mo rent with a $2,205/mo payment. Total monthly income totals $5,960/mo, and annual cash flow totals $33,077/yr on $149,341 capital. ROI tracks 42.06% on current figures, and rental yield reads 15.88% at a $450,500 purchase. Equity gained on principal adds $2,907/yr, and 5% annual appreciation supports $124,465 over five years. Five-year ROI reaches 222.84% and total cumulative return in cash sums $332,791. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,960/mo property income instead of your personal income.
Single Family
Built in 1962
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79902, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,387 (100%) |
| Owner Occupied HU | 3,471 (33.4%) |
| Renter Occupied HU | 5,785 (55.7%) |
| Vacant Housing Units | 1,131 (10.9%) |
| Median Home Value | $303,796 |
| Average Home Value | $328,055 |
Housing Distribution
Address Breakdown
Residential
9,858
Single Family
8,904
Multi-Family
954
Businesses
1,515
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Nearby investment properties with comparable prices
Listed by: Elizabeth Corbin • Home Pros Real Estate Group
Mls Name: GEPAR
Mls Provider:
Mls ID: #880135
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the Greater El Paso Association of REALTORS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing brokers. Listing data is deemed reliable but not guaranteed. Copyright 2024 the Greater El Paso Association of REALTORS, MLS Inc. All rights reserved.