630 Gary LnEl PasoTX79922
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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 630 Gary Ln, El Paso, TX, 79922 offers a 6.63% rental yield on a $550,000 purchase with $3,040/mo rent. 28% in year one. Equity gained on principal adds $3,549/yr while 5% annual appreciation supports $151,955 over five years. Portfolio math shows five-year ROI at 73.86% and total cumulative return in cash at $133,642. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,040/mo property income against a $2,692/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79922, El Paso, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,156 (100%) |
| Owner Occupied HU | 2,471 (78.3%) |
| Renter Occupied HU | 434 (13.8%) |
| Vacant Housing Units | 251 ( 8.0%) |
| Median Home Value | $362,739 |
| Average Home Value | $397,151 |
Housing Distribution
Address Breakdown
Residential
2,894
Single Family
2,894
Multi-Family
0
Businesses
307
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