1307 Columbine StAmarilloTX79107
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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 1307 Columbine St, Amarillo, TX, 79107 at $176,000 posts ROI 21% with $53/mo cash flow from $1,304/mo rent. Total monthly income equals $1,304/mo, and annual cash flow records $634/yr on $58,344 to close. Return on cash invested measures 21% and rental yield reads 8.89% at the current $176,000. Equity gained on principal adds $1,136/yr, and 5% annual appreciation supports $48,626 by year five. Five-year ROI prints 109.89% and total cumulative return in cash totals $64,113.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,304/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79107, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,156 (100%) |
| Owner Occupied HU | 5,989 (49.3%) |
| Renter Occupied HU | 4,414 (36.3%) |
| Vacant Housing Units | 1,753 (14.4%) |
| Median Home Value | $106,533 |
| Average Home Value | $183,584 |
Housing Distribution
Address Breakdown
Residential
11,261
Single Family
10,382
Multi-Family
879
Businesses
751
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Listed by: JT Haynes • Triangle Realty, LLC
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-2513
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.