1205 Riesling WayAmarilloTX79124
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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 1205 Riesling Way, Amarillo, TX, 79124 listed at $282,000 pairs $2,364/mo rent with a $1,380/mo payment to leave $334/mo cash flow. Total monthly income runs $2,364/mo, and annual cash flow reaches $4,011/yr on $93,483 cash to close. Return on cash invested measures 24.2% in year one, and rental yield registers 10.06% at a $282,000 basis. Equity gained on principal adds $1,820/yr, and annual property appreciation at 5% supports $77,911 by year five. Five-year ROI tracks 127.21% and total cumulative return in cash totals $118,921. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,364/mo property income relative to a $1,380/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79124, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,258 (100%) |
| Owner Occupied HU | 3,895 (74.1%) |
| Renter Occupied HU | 952 (18.1%) |
| Vacant Housing Units | 411 ( 7.8%) |
| Median Home Value | $362,263 |
| Average Home Value | $400,636 |
Housing Distribution
Address Breakdown
Residential
4,962
Single Family
4,315
Multi-Family
647
Businesses
313
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Listed by: Tara Fangman • Keller Williams Realty Amarillo
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-4943
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.