2102 SW 61st AveAmarilloTX79118
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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 2102 SW 61st Ave, Amarillo, TX, 79118 earns $515/mo cash flow from $2,468/mo rent with a $1,344/mo payment. Total monthly income totals $2,468/mo, and annual cash flow totals $6,184/yr on $91,030 capital. ROI tracks 26.7% on current figures, and rental yield reads 10.79% at a $274,600 purchase. Equity gained on principal adds $1,772/yr, and 5% annual appreciation supports $75,867 over five years. Five-year ROI reaches 140.5% and total cumulative return in cash sums $127,901. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,468/mo property income instead of your personal income.
Single Family
Built in 2004
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79118, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,767 (100%) |
| Owner Occupied HU | 8,485 (72.1%) |
| Renter Occupied HU | 2,390 (20.3%) |
| Vacant Housing Units | 892 ( 7.6%) |
| Median Home Value | $258,781 |
| Average Home Value | $307,731 |
Housing Distribution
Address Breakdown
Residential
11,483
Single Family
10,529
Multi-Family
954
Businesses
383
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