1019 Kansas StAmarilloTX79106
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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 Amarillo at 1019 Kansas St, Amarillo, TX, 79106 offers $1,726/mo rent that, after a $761/mo payment, leaves $620/mo cash flow. Total monthly income is $1,726/mo, and annual cash flow is $7,444/yr on $51,548 cash. Return on cash invested measures 34.35% in year one, and rental yield stands at 13.32% at a $155,500 entry. Equity gained on principal adds $1,003/yr while 5% annual appreciation compounds into $42,962 by year five. Five-year ROI records 181.56% and total cumulative return in cash reaches $93,593. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,726/mo property income versus a $761/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1941
8,277 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79106, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,546 (100%) |
| Owner Occupied HU | 6,023 (44.5%) |
| Renter Occupied HU | 5,705 (42.1%) |
| Vacant Housing Units | 1,818 (13.4%) |
| Median Home Value | $184,695 |
| Average Home Value | $226,037 |
Housing Distribution
Address Breakdown
Residential
12,719
Single Family
10,175
Multi-Family
2,544
Businesses
1,280
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