2138 Southridge DrAmarilloTX79118
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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 2138 Southridge Dr, Amarillo, TX, 79118 offers a 6.97% rental yield on a $575,000 purchase with $3,338/mo rent. 3% in year one. Equity gained on principal adds $3,710/yr while 5% annual appreciation supports $158,862 over five years. Portfolio math shows five-year ROI at 79.32% and total cumulative return in cash at $150,047. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,338/mo property income against a $2,814/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
N/A 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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Listed by: Lesley Munsell • ERA Courtyard Real Estate
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-2570
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.