1510 E Saint Francis AveAmarilloTX79108
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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 1510 E Saint Francis Ave, Amarillo, TX, 79108 uses $44,421 cash to close to unlock $1,111/yr annual cash flow and $93/mo monthly cash flow. Total monthly income runs $1,049/mo, and a $656/mo payment keeps the spread at $93/mo. Purchase price stands at $134,000, and rental yield measures 9.39% with $1,049/mo rent. Return on cash invested shows 22.41% in year one, and 5% annual appreciation builds toward $37,022 over five years. Five-year ROI reaches 117.56% and total cumulative return in cash records $52,223. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,049/mo property income covering a $656/mo payment rather than investor’s personal income.
Single Family
Built in 1958
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79108, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,331 (100%) |
| Owner Occupied HU | 3,671 (68.9%) |
| Renter Occupied HU | 1,068 (20.0%) |
| Vacant Housing Units | 592 (11.1%) |
| Median Home Value | $185,725 |
| Average Home Value | $219,712 |
Housing Distribution
Address Breakdown
Residential
5,069
Single Family
4,909
Multi-Family
160
Businesses
208
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Listed by: Melissa Atchley • MGroup
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-9981
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.