1108 S Lincoln StAmarilloTX79101
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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 1108 S Lincoln St, Amarillo, TX, 79101 generates $954/mo in rent, after a $2,545/mo payment. Total monthly income is $954/mo. Return on cash invested sits at 0.82% in year one, and rental yield is 2.2% on a $520,000 entry. Equity gained on principal adds $3,355/yr, while 5% annual appreciation builds toward $143,666 over five years. Five-year ROI reaches 1.65% and total cumulative return in cash sums $2,831. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $954/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79101, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,346 (100%) |
| Owner Occupied HU | 206 (15.3%) |
| Renter Occupied HU | 828 (61.5%) |
| Vacant Housing Units | 312 (23.2%) |
| Median Home Value | $118,750 |
| Average Home Value | $145,947 |
Housing Distribution
Address Breakdown
Residential
1,272
Single Family
785
Multi-Family
487
Businesses
1,033
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Listed by: The Connie Taylor Group • Keller Williams Realty Amarillo
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-5411
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.