3519 La Luz AveEl PasoTX79903
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
Rental property for sale in El Paso at 3519 La Luz Ave, El Paso, TX, 79903 priced at $225,000 converts $1,627/mo rent into $27/mo cash flow after a $1,101/mo obligation. Total monthly income equals $1,627/mo, and annual cash flow totals $327/yr on $74,588 invested. Return on cash invested prints 20.35% in year one, and rental yield reads 8.68% against a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation compiles into $62,163 by year five. Five-year ROI reaches 106.45% and total cumulative return in cash sums $79,401. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,627/mo property income covering a $1,101/mo payment, not borrower’s personal income.
Multi Family
Built in 1949
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79903, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,269 (100%) |
| Owner Occupied HU | 3,512 (48.3%) |
| Renter Occupied HU | 3,073 (42.3%) |
| Vacant Housing Units | 684 ( 9.4%) |
| Median Home Value | $143,271 |
| Average Home Value | $185,975 |
Housing Distribution
Address Breakdown
Residential
6,582
Single Family
6,174
Multi-Family
408
Businesses
910
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices