Tex Plan, Garden Park Unit 2El 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
Rental property for sale in El Paso at Tex Plan, Garden Park Unit 2, El Paso, TX, 79928 priced at $432,750 converts $3,038/mo rent into after a $2,118/mo obligation. Total monthly income equals $3,038/mo. Return on cash invested prints 19.58% in year one, and rental yield reads 8.42% against a $432,750 entry. Equity gained on principal adds $2,792/yr, while 5% annual appreciation compiles into $119,561 by year five. Five-year ROI reaches 102.28% and total cumulative return in cash sums $146,726. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,038/mo property income covering a $2,118/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A 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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