1532 Lyles StAmarilloTX79106
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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 1532 Lyles St, Amarillo, TX, 79106 priced at $199,000 pairs $1,907/mo rent with $492/mo cash flow after a $974/mo payment. Total monthly income equals $1,907/mo, and annual cash flow comes to $5,903/yr on $65,969 invested. Return on cash invested is 28.86% in year one, and rental yield stands at 11.5% on a $199,000 basis. Equity gained on principal adds $1,284/yr, and 5% annual appreciation accumulates to $54,980 by year five. Five-year ROI measures 152.03% and total cumulative return in cash reaches $100,290. For financing, Ziffy Mortgage’s DSCR program evaluates $1,907/mo property income against a $974/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1954
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79106, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,546 (100%) |
| Owner Occupied HU | 6,023 (44.5%) |
| Renter Occupied HU | 5,705 (42.1%) |
| Vacant Housing Units | 1,818 (13.4%) |
| Median Home Value | $184,695 |
| Average Home Value | $226,037 |
Housing Distribution
Address Breakdown
Residential
12,719
Single Family
10,175
Multi-Family
2,544
Businesses
1,280
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Listed by: Rae Greathouse • Great House Realty Group
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-8773
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.