7359 Franklin DrEl PasoTX79915
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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 7359 Franklin Dr, El Paso, TX, 79915 generates $2,558/mo in rent, after a $2,198/mo payment. Total monthly income is $2,558/mo. Return on cash invested sits at 14.79% in year one, and rental yield is 6.84% on a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 76.59% and total cumulative return in cash sums $113,992. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,558/mo property income rather than buyer’s personal income.
Single Family
Built in 1944
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79915, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,015 (100%) |
| Owner Occupied HU | 7,470 (53.3%) |
| Renter Occupied HU | 5,656 (40.4%) |
| Vacant Housing Units | 889 ( 6.3%) |
| Median Home Value | $141,728 |
| Average Home Value | $207,438 |
Housing Distribution
Address Breakdown
Residential
13,603
Single Family
12,789
Multi-Family
814
Businesses
1,264
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