816 Cardon StEl PasoTX79903
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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 816 Cardon St, El Paso, TX, 79903 offers $1,325/mo rent that, after a $732/mo payment, leaves $262/mo cash flow. Total monthly income is $1,325/mo, and annual cash flow is $3,139/yr on $49,559 cash. Return on cash invested measures 26.24% in year one, and rental yield stands at 10.64% at a $149,500 entry. Equity gained on principal adds $965/yr while 5% annual appreciation compounds into $41,304 by year five. Five-year ROI records 138.03% and total cumulative return in cash reaches $68,405. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,325/mo property income versus a $732/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79903, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,269 (100%) |
| Owner Occupied HU | 3,512 (48.3%) |
| Renter Occupied HU | 3,073 (42.3%) |
| Vacant Housing Units | 684 ( 9.4%) |
| Median Home Value | $143,271 |
| Average Home Value | $185,975 |
Housing Distribution
Address Breakdown
Residential
6,582
Single Family
6,174
Multi-Family
408
Businesses
910
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