1618 N Arapahoe StAmarilloTX79107
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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
Investment Highlights
Investment property for sale in Amarillo at 1618 N Arapahoe St, Amarillo, TX, 79107 at $141,000 posts ROI 24.16% with $165/mo cash flow from $1,168/mo rent. Total monthly income equals $1,168/mo, and annual cash flow records $1,985/yr on $46,742 to close. Return on cash invested measures 24.16% and rental yield reads 9.94% at the current $141,000. Equity gained on principal adds $910/yr, and 5% annual appreciation supports $38,956 by year five. Five-year ROI prints 126.88% and total cumulative return in cash totals $59,304.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,168/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1957
N/A 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
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Listed by: Jennifer Auvermann • Keller Williams Realty Amarillo
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-7131
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.