1644 Lomaland Dr APT 133El PasoTX79935
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 1644 Lomaland Dr APT 133, El Paso, TX, 79935 in El Paso: $2,794/mo in rent, $1,065/mo net, 17.64% gross yield, all on a $189,999 acquisition. The 3.27 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $52,493 in value, and $1,750/yr in principal paydown steadily builds equity. Projected total cumulative return: $143,067.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17.6% | 5.8% |
| Monthly Cash Flow | $1,065 | $385 |
City averages based on El Paso market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,794 |
| Total Monthly Debt Service | $1,653 |
| DSCR Ratio | 1.69x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices