1644 Lomaland Dr APT 133El PasoTX79935
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
Investment property for sale in El Paso at 1644 Lomaland Dr APT 133, El Paso, TX, 79935 earns $1,065/mo cash flow from $2,794/mo rent with a $930/mo payment. Total monthly income totals $2,794/mo, and annual cash flow totals $12,786/yr on $62,985 capital. ROI tracks 40.21% on current figures, and rental yield reads 17.65% at a $189,999 purchase. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,493 over five years. Five-year ROI reaches 215.56% and total cumulative return in cash sums $135,768. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,794/mo property income instead of your personal income.
Condo
Built in 1974
7.32 Acres lot
$N/A/sqft
$346 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79935, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,509 (100%) |
| Owner Occupied HU | 3,770 (50.2%) |
| Renter Occupied HU | 3,389 (45.1%) |
| Vacant Housing Units | 350 ( 4.7%) |
| Median Home Value | $226,604 |
| Average Home Value | $237,914 |
Housing Distribution
Address Breakdown
Residential
7,004
Single Family
6,394
Multi-Family
610
Businesses
773
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Nearby investment properties with comparable prices
Listed by: Beth Sierra • Sierra Realty TX LLC
Mls Name: GEPAR
Mls Provider:
Mls ID: #904766
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.