1204 SW 11th AveAmarilloTX79101
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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 1204 SW 11th Ave, Amarillo, TX, 79101 generates $1,028/mo in rent and, after a $636/mo payment, leaves $104/mo in cash flow. Total monthly income is $1,028/mo, and annual cash flow is $1,246/yr on $43,095 invested. Return on cash invested sits at 22.8% in year one, and rental yield is 9.49% on a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 119.57% and total cumulative return in cash sums $51,531. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,028/mo property income rather than buyer’s personal income.
Single Family
Built in 1926
8,556 sqft 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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