8038 N Desert BlvdCanutilloTX79835
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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 Canutillo at 8038 N Desert Blvd, Canutillo, TX, 79835 offers a 12.19% rental yield on a $102,000 purchase with $1,036/mo rent. Total monthly income registers $1,036/mo, and a $499/mo payment leaves $148/mo available for distribution. Annual cash flow reaches $1,779/yr on $33,813 to close, and return on cash invested stands at 25.17% in year one. Equity gained on principal adds $658/yr while 5% annual appreciation supports $28,181 over five years. Portfolio math shows five-year ROI at 134.49% and total cumulative return in cash at $45,476. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,036/mo property income against a $499/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 2004
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79835, Canutillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,378 (100%) |
| Owner Occupied HU | 2,936 (67.1%) |
| Renter Occupied HU | 1,133 (25.9%) |
| Vacant Housing Units | 309 ( 7.1%) |
| Median Home Value | $201,282 |
| Average Home Value | $199,660 |
Housing Distribution
Address Breakdown
Residential
3,737
Single Family
3,730
Multi-Family
7
Businesses
473
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Listed by: Arnoldo Varela • Home Pros Real Estate Group
Mls Name: GEPAR
Mls Provider:
Mls ID: #901324
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.