614 Loretto RdEl PasoTX79903
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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
Rental property for sale in El Paso at 614 Loretto Rd, El Paso, TX, 79903 generates $1,390/mo in rent and, after a $954/mo payment, leaves $4/mo in cash flow. Total monthly income is $1,390/mo, and annual cash flow is $45/yr on $64,643 invested. Return on cash invested sits at 19.98% in year one, and rental yield is 8.55% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 104.44% and total cumulative return in cash sums $67,510. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,390/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
6,969 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
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