9312 Carranza DrEl PasoTX79907
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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 9312 Carranza Dr, El Paso, TX, 79907 generates $1,631/mo in rent and, after a $947/mo payment, leaves $255/mo in cash flow. Total monthly income is $1,631/mo, and annual cash flow is $3,061/yr on $64,145 invested. Return on cash invested sits at 24.68% in year one, and rental yield is 10.11% on a $193,500 entry. Equity gained on principal adds $1,249/yr, while 5% annual appreciation builds toward $53,460 over five years. Five-year ROI reaches 129.71% and total cumulative return in cash sums $83,203. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,631/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79907, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,362 (100%) |
| Owner Occupied HU | 11,172 (57.7%) |
| Renter Occupied HU | 7,110 (36.7%) |
| Vacant Housing Units | 1,080 ( 5.6%) |
| Median Home Value | $147,579 |
| Average Home Value | $201,704 |
Housing Distribution
Address Breakdown
Residential
18,296
Single Family
17,120
Multi-Family
1,176
Businesses
1,097
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