824 Durham WayEl PasoTX79928
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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
Investment property for sale in El Paso at 824 Durham Way, El Paso, TX, 79928 offers a 9.97% rental yield on a $569,900 purchase with $4,736/mo rent. Total monthly income registers $4,736/mo, and a $2,789/mo payment leaves $684/mo available for distribution. Annual cash flow reaches $8,205/yr on $187,497 to close, and return on cash invested stands at 24.44% in year one. Equity gained on principal adds $3,677/yr while 5% annual appreciation supports $157,453 over five years. Portfolio math shows five-year ROI at 128.31% and total cumulative return in cash at $240,570. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,736/mo property income against a $2,789/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79928, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,805 (100%) |
| Owner Occupied HU | 24,286 (81.5%) |
| Renter Occupied HU | 3,857 (12.9%) |
| Vacant Housing Units | 1,662 ( 5.6%) |
| Median Home Value | $235,364 |
| Average Home Value | $255,668 |
Housing Distribution
Address Breakdown
Residential
29,615
Single Family
29,615
Multi-Family
0
Businesses
766
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Nearby investment properties with comparable prices
Listed by: Lauren Alia Mlouhi • eXp Realty LLC
Mls Name: GEPAR
Mls Provider:
Mls ID: #904196
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.