1805 N Adams StAmarilloTX79107
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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 1805 N Adams St, Amarillo, TX, 79107 uses $39,449 cash to close to unlock $615/yr annual cash flow and $51/mo monthly cash flow. Total monthly income runs $897/mo, and a $582/mo payment keeps the spread at $51/mo. Purchase price stands at $119,000, and rental yield measures 9.05% with $897/mo rent. Return on cash invested shows 21.47% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 112.5% and total cumulative return in cash records $44,381. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $897/mo property income covering a $582/mo payment rather than investor’s personal income.
Single Family
Built in 1915
6,969 sqft 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: Braden Black • Real Estate at KT, LLC
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-2884
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.