1026 S Eastern StAmarilloTX79104
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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 1026 S Eastern St, Amarillo, TX, 79104 offers a 8.61% rental yield on a $225,000 purchase with $1,615/mo rent. Total monthly income registers $1,615/mo, and a $1,101/mo payment leaves $15/mo available for distribution. Annual cash flow reaches $183/yr on $74,588 to close, and return on cash invested stands at 20.15% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 105.42% and total cumulative return in cash at $78,633. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,615/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79104, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,746 (100%) |
| Owner Occupied HU | 1,486 (54.1%) |
| Renter Occupied HU | 983 (35.8%) |
| Vacant Housing Units | 277 (10.1%) |
| Median Home Value | $108,209 |
| Average Home Value | $175,998 |
Housing Distribution
Address Breakdown
Residential
2,521
Single Family
2,368
Multi-Family
153
Businesses
193
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