909 Gateway Blvd SEl PasoTX79903
Nearby investment properties with comparable rents
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
Rental property for sale in El Paso at 909 Gateway Blvd S, El Paso, TX, 79903 generates $1,285/mo in rent and, after a $808/mo payment, leaves $111/mo in cash flow. Total monthly income is $1,285/mo, and annual cash flow is $1,335/yr on $54,697 invested. Return on cash invested sits at 22.35% in year one, and rental yield is 9.35% on a $164,999 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 117.24% and total cumulative return in cash sums $64,127. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,285/mo property income rather than buyer’s personal income.
Single Family
Built in 1929
3,049 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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Nearby investment properties with comparable prices
Listed by: Jarrod Joel Moncayo • Think of Realty
Mls Name: GEPAR
Mls Provider:
Mls ID: #910837
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.