1003 Cabernet WayAmarilloTX79124
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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 Amarillo at 1003 Cabernet Way, Amarillo, TX, 79124 earns $235/mo cash flow from $2,616/mo rent with a $1,639/mo payment. Total monthly income totals $2,616/mo, and annual cash flow totals $2,816/yr on $111,019 capital. ROI tracks 22.45% on current figures, and rental yield reads 9.37% at a $334,900 purchase. Equity gained on principal adds $2,161/yr, and 5% annual appreciation supports $92,527 over five years. Five-year ROI reaches 117.66% and total cumulative return in cash sums $130,621. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,616/mo property income instead of your personal income.
Single Family
Built in 2016
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79124, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,258 (100%) |
| Owner Occupied HU | 3,895 (74.1%) |
| Renter Occupied HU | 952 (18.1%) |
| Vacant Housing Units | 411 ( 7.8%) |
| Median Home Value | $362,263 |
| Average Home Value | $400,636 |
Housing Distribution
Address Breakdown
Residential
4,962
Single Family
4,315
Multi-Family
647
Businesses
313
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