7040 Crown Ridge DrEl PasoTX79912
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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 7040 Crown Ridge Dr, El Paso, TX, 79912 generates $2,658/mo in rent and, after a $1,664/mo payment, leaves $241/mo in cash flow. Total monthly income is $2,658/mo, and annual cash flow is $2,887/yr on $112,677 invested. Return on cash invested sits at 22.47% in year one, and rental yield is 9.38% on a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 117.8% and total cumulative return in cash sums $132,731. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,658/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79912, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,534 (100%) |
| Owner Occupied HU | 17,354 (51.8%) |
| Renter Occupied HU | 13,848 (41.3%) |
| Vacant Housing Units | 2,332 ( 7.0%) |
| Median Home Value | $272,528 |
| Average Home Value | $315,218 |
Housing Distribution
Address Breakdown
Residential
32,803
Single Family
27,217
Multi-Family
5,586
Businesses
2,186
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