1649 Lomaland DrEl PasoTX79935
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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
Investment property for sale in El Paso at 1649 Lomaland Dr, El Paso, TX, 79935 listed at $275,000 pairs $2,441/mo rent with a $1,346/mo payment to leave $485/mo cash flow. Total monthly income runs $2,441/mo, and annual cash flow reaches $5,825/yr on $91,163 cash to close. Return on cash invested measures 26.3% in year one, and rental yield registers 10.65% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 138.33% and total cumulative return in cash totals $126,107. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,441/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1972
8,712 sqft lot
$N/A/sqft
No 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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