11400 Turtle BayAmarilloTX79119
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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 11400 Turtle Bay, Amarillo, TX, 79119 generates $4,464/mo in rent, after a $3,230/mo payment. Total monthly income is $4,464/mo. Return on cash invested sits at 18.8% in year one, and rental yield is 8.12% on a $659,900 entry. Equity gained on principal adds $4,258/yr, while 5% annual appreciation builds toward $182,318 over five years. Five-year ROI reaches 98.07% and total cumulative return in cash sums $212,918. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,464/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
1.10 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79119, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,914 (100%) |
| Owner Occupied HU | 7,282 (66.7%) |
| Renter Occupied HU | 2,782 (25.5%) |
| Vacant Housing Units | 850 ( 7.8%) |
| Median Home Value | $351,068 |
| Average Home Value | $398,649 |
Housing Distribution
Address Breakdown
Residential
10,504
Single Family
8,584
Multi-Family
1,920
Businesses
596
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Listed by: Mirna Fewell • MGroup
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-6894
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.