1427 NW 11th AveAmarilloTX79107
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 1427 NW 11th Ave, Amarillo, TX, 79107 in Amarillo is narrow, $5/mo net on $1,334/mo rent after the $841/mo debt service, but the property operates at break-even-plus, not a loss. At $186,990 with a 8.56% yield, the long-run equity case via 5% appreciation ($51,662 over five years) and $1,722/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.59 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $71,951.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 7.8% |
| Monthly Cash Flow | $5 | $850 |
City averages based on Amarillo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,334 |
| Total Monthly Debt Service | $1,255 |
| DSCR Ratio | 1.06x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2023
6,969 sqft 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
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
Single Family
Built in 2023
6,969 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices