3817 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
Investment property for sale in El Paso at 3817 La Luz Ave, El Paso, TX, 79903 offers a 11.99% rental yield on a $144,950 purchase with $1,448/mo rent. Total monthly income registers $1,448/mo, and a $709/mo payment leaves $357/mo available for distribution. Annual cash flow reaches $4,286/yr on $48,051 to close, and return on cash invested stands at 28.83% in year one. Equity gained on principal adds $935/yr while 5% annual appreciation supports $40,047 over five years. Portfolio math shows five-year ROI at 152.52% and total cumulative return in cash at $73,288. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,448/mo property income against a $709/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
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
Listed by: Russell Harper • ClearView Realty
Mls Name: GEPAR
Mls Provider:
Mls ID: #923004
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 2025 the Greater El Paso Association of REALTORS, MLS Inc. All rights reserved.