11500 Laurie LnAmarilloTX79119
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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 11500 Laurie Ln, Amarillo, TX, 79119 earns $297/mo cash flow from $4,670/mo rent with a $3,010/mo payment. Total monthly income totals $4,670/mo, and annual cash flow totals $3,561/yr on $202,335 capital. ROI tracks 21.82% on current figures, and rental yield reads 9.11% at a $615,000 purchase. Equity gained on principal adds $3,969/yr, and 5% annual appreciation supports $169,913 over five years. Five-year ROI reaches 114.28% and total cumulative return in cash sums $231,221. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,670/mo property income instead of your personal income.
Single Family
Built in 1992
15 Acres 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: JT Haynes • Triangle Realty, LLC
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-4880
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.