405 Lafayette DrEl PasoTX79915
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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 405 Lafayette Dr, El Paso, TX, 79915 at $189,000 posts ROI 22.69% with $145/mo cash flow from $1,489/mo rent. Total monthly income equals $1,489/mo, and annual cash flow records $1,741/yr on $62,654 to close. Return on cash invested measures 22.69% and rental yield reads 9.45% at the current $189,000. Equity gained on principal adds $1,220/yr, and 5% annual appreciation supports $52,217 by year five. Five-year ROI prints 119.03% and total cumulative return in cash totals $74,578.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,489/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1951
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79915, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,015 (100%) |
| Owner Occupied HU | 7,470 (53.3%) |
| Renter Occupied HU | 5,656 (40.4%) |
| Vacant Housing Units | 889 ( 6.3%) |
| Median Home Value | $141,728 |
| Average Home Value | $207,438 |
Housing Distribution
Address Breakdown
Residential
13,603
Single Family
12,789
Multi-Family
814
Businesses
1,264
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