2003 N Spring 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 2003 N Spring St, Amarillo, TX, 79107 earns $516/mo cash flow from $1,307/mo rent with a $538/mo payment. Total monthly income totals $1,307/mo, and annual cash flow totals $6,189/yr on $36,465 capital. ROI tracks 36.88% on current figures, and rental yield reads 14.26% at a $110,000 purchase. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 over five years. Five-year ROI reaches 195.21% and total cumulative return in cash sums $71,184. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,307/mo property income instead of your personal income.
Single Family
Built in 1949
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: Cornerstone Realty Group • RockOne Realty, LLC
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-9062
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.