1311 S Western StAmarilloTX79106
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1311 S Western St, Amarillo, TX, 79106 at $189,700 posts ROI 21.48% with $83/mo cash flow from $1,431/mo rent. Total monthly income equals $1,431/mo, and annual cash flow records $990/yr on $62,886 to close. Return on cash invested measures 21.48% and rental yield reads 9.05% at the current $189,700. Equity gained on principal adds $1,224/yr, and 5% annual appreciation supports $52,411 by year five. Five-year ROI prints 112.53% and total cumulative return in cash totals $70,766.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,431/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1926
8,276 sqft 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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