13 Prestwick LnAmarilloTX79124
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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 13 Prestwick Ln, Amarillo, TX, 79124 priced at $980,000 converts $2,874/mo rent into after a $4,797/mo obligation. Total monthly income equals $2,874/mo. Return on cash invested prints 4.82% in year one, and rental yield reads 3.52% against a $980,000 entry. Equity gained on principal adds $6,324/yr, while 5% annual appreciation compiles into $270,756 by year five. Five-year ROI reaches 23.1% and total cumulative return in cash sums $74,484. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,874/mo property income covering a $4,797/mo payment, not borrower’s personal income.
Single Family
Built in 2005
0.28 Acres 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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