7345 Cimarron Rim DrEl PasoTX79911
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
Rental property for sale in El Paso at 7345 Cimarron Rim Dr, El Paso, TX, 79911 priced at $695,884 pairs $3,598/mo rent with after a $3,406/mo payment. Total monthly income equals $3,598/mo. Return on cash invested is 12.87% in year one, and rental yield stands at 6.2% on a $695,884 basis. Equity gained on principal adds $4,490/yr, and 5% annual appreciation accumulates to $192,260 by year five. Five-year ROI measures 66.33% and total cumulative return in cash reaches $151,867. For financing, Ziffy Mortgage’s DSCR program evaluates $3,598/mo property income against a $3,406/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
10,018 sqft lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79911, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,934 (100%) |
| Owner Occupied HU | 2,906 (73.9%) |
| Renter Occupied HU | 821 (20.9%) |
| Vacant Housing Units | 207 ( 5.3%) |
| Median Home Value | $317,238 |
| Average Home Value | $346,446 |
Housing Distribution
Address Breakdown
Residential
3,851
Single Family
3,392
Multi-Family
459
Businesses
44
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Manuel Caraveo • Sandy Messer And Associates
Mls Name: GEPAR
Mls Provider:
Mls ID: #909821
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.