Metropolitan Area

El Paso, TX

Texas0
69
/100
Buy
#250 of 894 metros
Top 28% nationally for investing

Market Snapshot

$232,910
Median Home Price
9% below national median
$1,520/mo
Median Rent
10% above national median
7.83%
Rent-to-Price Ratio
Top 13% nationally
-$233
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Median Home Price

Median Rent

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

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20%
5%50%100%

Purchase

Purchase Price$232,910
Down Payment (20%)$46,582
Loan Amount$186,328
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,520
Monthly P&I-$1,221
Est. Expenses (35%)-$532
Net Cash Flow-$233/mo
5.1%
Cap Rate (all cash)
-5.2%
Cash-on-Cash Return
7.83%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 5.1% cap rate. All-cash buyers may see better returns.

* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.

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Score Breakdown

Overall Investment Score
69/100
69
Cash Flow(30%)
78/100

Based on 7.83% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
66/100

Based on 2.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
80/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Above-average rent-to-price ratio (7.83%)
  • +Affordable relative to local incomes
  • +Low unemployment (0.0%)

Challenges

  • -Negative cash flow at typical financing (-$233/mo)
  • -Negative leverage (cap rate 5.1% < mortgage rate 6.9%)

Counties in El Paso, TX

County data is being compiled for this metro area.

Compare to Similar Metros

Metro AreaVerdict
Coffeyville, KS
Coffeyville, KS
85$101,366$86210.20%Strong BuyView
Blytheville, AR
Blytheville, AR
84$115,156$1,06411.08%Strong BuyView
Roanoke Rapids, NC
Roanoke Rapids, NC
84$107,523$1,07712.02%Strong BuyView
Enid, OK
Enid, OK
83$144,157$1,25010.40%Strong BuyView
Houghton, MI
Houghton, MI
83$194,696$1,73310.68%Strong BuyView
Current
El Paso, TX
69$232,910$1,5207.83%Buy

Rent vs buy in this metro

Rent vs buy in El Paso, TXMedian $225,562 · rent $1,504/mo

The Bottom Line

BuyEl Paso, TX offers solid investment potential with good cash flow or appreciation prospects.

The El Paso, TX metro area scores 69/100, ranking #250 of 894 US metros (top 28%). The 7.83% rent-to-price ratio indicates moderate cash flow potential.

Monthly Cash Flow
$-233/mo
Cap Rate
5.1%
Cash-on-Cash
-6.0%

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