809 McKelligon DrEl PasoTX79902
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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 809 McKelligon Dr, El Paso, TX, 79902 offers $2,068/mo rent that, after a $2,437/mo payment. Total monthly income is $2,068/mo. Return on cash invested measures 9.2% in year one, and rental yield stands at 4.98% at a $498,000 entry. Equity gained on principal adds $3,214/yr while 5% annual appreciation compounds into $137,588 by year five. Five-year ROI records 46.65% and total cumulative return in cash reaches $77,020. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,068/mo property income versus a $2,437/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
8,276 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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