1509 S Jefferson StAmarilloTX79101
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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 1509 S Jefferson St, Amarillo, TX, 79101 priced at $175,000 converts $1,309/mo rent into $64/mo cash flow after a $857/mo obligation. Total monthly income equals $1,309/mo, and annual cash flow totals $769/yr on $58,013 invested. Return on cash invested prints 21.23% in year one, and rental yield reads 8.98% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 111.24% and total cumulative return in cash sums $64,531. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,309/mo property income covering a $857/mo payment, not borrower’s personal income.
Single Family
Built in 1920
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: Brandie Jobert • Executive Realty
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-2893
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.