13853 Lobelia PlAmarilloTX79119
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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 13853 Lobelia Pl, Amarillo, TX, 79119 priced at $475,000 converts $4,464/mo rent into $1,086/mo cash flow after a $2,325/mo obligation. Total monthly income equals $4,464/mo, and annual cash flow totals $13,033/yr on $157,463 invested. Return on cash invested prints 28.19% in year one, and rental yield reads 11.28% against a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation compiles into $131,234 by year five. Five-year ROI reaches 148.46% and total cumulative return in cash sums $233,767. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,464/mo property income covering a $2,325/mo payment, not borrower’s personal income.
Single Family
Built in 2021
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79119, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,914 (100%) |
| Owner Occupied HU | 7,282 (66.7%) |
| Renter Occupied HU | 2,782 (25.5%) |
| Vacant Housing Units | 850 ( 7.8%) |
| Median Home Value | $351,068 |
| Average Home Value | $398,649 |
Housing Distribution
Address Breakdown
Residential
10,504
Single Family
8,584
Multi-Family
1,920
Businesses
596
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