111 Racine TrlAmarilloTX79108
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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 111 Racine Trl, Amarillo, TX, 79108 earns $30/mo cash flow from $2,555/mo rent with a $1,738/mo payment. Total monthly income totals $2,555/mo, and annual cash flow totals $361/yr on $117,683 capital. ROI tracks 20.22% on current figures, and rental yield reads 8.64% at a $355,000 purchase. Equity gained on principal adds $2,291/yr, and 5% annual appreciation supports $98,080 over five years. Five-year ROI reaches 105.73% and total cumulative return in cash sums $124,428. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,555/mo property income instead of your personal income.
Single Family
Built in 2001
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79108, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,331 (100%) |
| Owner Occupied HU | 3,671 (68.9%) |
| Renter Occupied HU | 1,068 (20.0%) |
| Vacant Housing Units | 592 (11.1%) |
| Median Home Value | $185,725 |
| Average Home Value | $219,712 |
Housing Distribution
Address Breakdown
Residential
5,069
Single Family
4,909
Multi-Family
160
Businesses
208
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