1211 S Buchanan StAmarilloTX79101
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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 1211 S Buchanan St, Amarillo, TX, 79101 offers $1,205/mo rent that, after a $1,184/mo payment. Total monthly income is $1,205/mo. Return on cash invested measures 10.18% in year one, and rental yield stands at 5.98% at a $242,000 entry. Equity gained on principal adds $1,562/yr while 5% annual appreciation compounds into $66,860 by year five. Five-year ROI records 52.63% and total cumulative return in cash reaches $42,222. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,205/mo property income versus a $1,184/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.26 Acres 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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