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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Amarillo at 2004 S Fannin St, Amarillo, TX, 79109 priced at $210,000 converts $1,915/mo rent into $422/mo cash flow after a $1,028/mo obligation. Total monthly income equals $1,915/mo, and annual cash flow totals $5,058/yr on $69,615 invested. Return on cash invested prints 27.17% in year one, and rental yield reads 10.94% against a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation compiles into $58,019 by year five. Five-year ROI reaches 143.04% and total cumulative return in cash sums $99,580. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,915/mo property income covering a $1,028/mo payment, not borrower’s personal income.
Single Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 79109, Amarillo, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,466 (100%) |
| Owner Occupied HU | 11,178 (54.6%) |
| Renter Occupied HU | 7,379 (36.1%) |
| Vacant Housing Units | 1,909 ( 9.3%) |
| Median Home Value | $243,928 |
| Average Home Value | $305,562 |
Residential
20,092
Single Family
14,389
Multi-Family
5,703
Businesses
1,808
Date | Event | Price |
|---|---|---|
| 2025-04-29 | Listed for sale | $210,000 |
| 2014-04-18 | Sold | N/A |
| 2014-03-19 | Listed for sale | $134,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-29 | $3051.95 | 9.11% | $189,279 | 10.00% |
| 2023-04-29 | $2797.19 | -14.58% | $172,072 | 10.00% |
| 2022-04-29 | $3274.78 | -0.67% | $156,429 | 10.00% |
Listed by: Sara Middlebrook • Larry Brown, REALTORS
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-3873
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.
