1209 SW 10th 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
Investment property for sale in Amarillo at 1209 SW 10th Ave, Amarillo, TX, 79101 uses $39,449 cash to close to unlock $4,887/yr annual cash flow and $407/mo monthly cash flow. Total monthly income runs $1,253/mo, and a $582/mo payment keeps the spread at $407/mo. Purchase price stands at $119,000, and rental yield measures 12.64% with $1,253/mo rent. Return on cash invested shows 32.3% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 170.57% and total cumulative return in cash records $67,289. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,253/mo property income covering a $582/mo payment rather than investor’s personal income.
Multi Family
Built in 1927
N/A 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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