1501 SW 9th AveAmarilloTX79101
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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 1501 SW 9th Ave, Amarillo, TX, 79101 priced at $1,975,000 converts $1,142/mo rent into after a $9,667/mo obligation. Total monthly income equals $1,142/mo. Return on cash invested prints -3.83% in year one, and rental yield reads 0.69% against a $1,975,000 entry. Equity gained on principal adds $12,744/yr, while 5% annual appreciation compiles into $545,656 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,142/mo property income covering a $9,667/mo payment, not borrower’s personal income.
Multi Family
Built in 1963
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79101, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,346 (100%) |
| Owner Occupied HU | 206 (15.3%) |
| Renter Occupied HU | 828 (61.5%) |
| Vacant Housing Units | 312 (23.2%) |
| Median Home Value | $118,750 |
| Average Home Value | $145,947 |
Housing Distribution
Address Breakdown
Residential
1,272
Single Family
785
Multi-Family
487
Businesses
1,033
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Listed by: Kirk Chudej • FIMC Commercial Realty
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-5927
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.