909 E California AveEl 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
Investment property for sale in El Paso at 909 E California Ave, El Paso, TX, 79902 with 5% annual appreciation on a $374,900 basis while $1,928/mo rent supports operations. 78% in year one. Equity gained on principal adds $2,419/yr, and five-year appreciation sums $103,578 alongside rental yield of 6.17%. Five-year ROI measures 65.82% and total cumulative return in cash totals $81,799. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,928/mo property income versus a $1,835/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1917
5,227 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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Nearby investment properties with comparable prices
Listed by: Frances Rocha • Real Estate Consulting Firm
Mls Name: GEPAR
Mls Provider:
Mls ID: #910859
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.