1413 S Ong StAmarilloTX79102
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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 1413 S Ong St, Amarillo, TX, 79102 at $142,500 posts ROI 19.96% with $2/mo cash flow from $1,154/mo rent. Total monthly income equals $1,154/mo, and annual cash flow records $22/yr on $47,239 to close. Return on cash invested measures 19.96% and rental yield reads 9.72% at the current $142,500. Equity gained on principal adds $920/yr, and 5% annual appreciation supports $39,370 by year five. Five-year ROI prints 105.56% and total cumulative return in cash totals $49,863.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,154/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1922
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79102, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,579 (100%) |
| Owner Occupied HU | 1,995 (43.6%) |
| Renter Occupied HU | 1,954 (42.7%) |
| Vacant Housing Units | 630 (13.8%) |
| Median Home Value | $161,478 |
| Average Home Value | $180,330 |
Housing Distribution
Address Breakdown
Residential
4,111
Single Family
3,611
Multi-Family
500
Businesses
470
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Listed by: Zoey Shepherd • Keller Williams Realty Amarillo
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-7195
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.