10229 Luella AveEl PasoTX79925
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 10229 Luella Ave, El Paso, TX, 79925 in El Paso worth study. Rental yield 5.64%. The 5.64% gross yield is below cash-flow benchmarks at $364,000, but 5% annual appreciation, adding $100,566 over five years, frames this as a capital growth position. Rent of $1,779/mo partially offsets the $1,637/mo payment. Ziffy Mortgage finances appreciation-play properties (1.09 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $87,416.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.6% | 5.8% |
| Monthly Cash Flow | $(960) | $385 |
City averages based on El Paso market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,779 |
| Total Monthly Debt Service | $2,444 |
| DSCR Ratio | 0.73x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1962
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79925, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,373 (100%) |
| Owner Occupied HU | 8,281 (50.6%) |
| Renter Occupied HU | 7,122 (43.5%) |
| Vacant Housing Units | 970 ( 5.9%) |
| Median Home Value | $220,899 |
| Average Home Value | $242,275 |
Housing Distribution
Address Breakdown
Residential
16,025
Single Family
13,540
Multi-Family
2,485
Businesses
2,513
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
Single Family
Built in 1962
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79925, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,373 (100%) |
| Owner Occupied HU | 8,281 (50.6%) |
| Renter Occupied HU | 7,122 (43.5%) |
| Vacant Housing Units | 970 ( 5.9%) |
| Median Home Value | $220,899 |
| Average Home Value | $242,275 |
Housing Distribution
Address Breakdown
Residential
16,025
Single Family
13,540
Multi-Family
2,485
Businesses
2,513
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices