1304 Hillcrest StAmarilloTX79106
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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 1304 Hillcrest St, Amarillo, TX, 79106 uses $41,404 cash to close to unlock $189/yr annual cash flow and $16/mo monthly cash flow. Total monthly income runs $970/mo, and a $611/mo payment keeps the spread at $16/mo. Purchase price stands at $124,900, and rental yield measures 9.32% with $970/mo rent. Return on cash invested shows 20.37% in year one, and 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 107.2% and total cumulative return in cash records $44,386. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $970/mo property income covering a $611/mo payment rather than investor’s personal income.
Single Family
Built in 1942
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79106, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,546 (100%) |
| Owner Occupied HU | 6,023 (44.5%) |
| Renter Occupied HU | 5,705 (42.1%) |
| Vacant Housing Units | 1,818 (13.4%) |
| Median Home Value | $184,695 |
| Average Home Value | $226,037 |
Housing Distribution
Address Breakdown
Residential
12,719
Single Family
10,175
Multi-Family
2,544
Businesses
1,280
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Listed by: Casey Matthews • EXP Realty, LLC
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-3860
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.