2400 S Polk St APT 100AmarilloTX79109
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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 2400 S Polk St APT 100, Amarillo, TX, 79109 offers a 14.29% rental yield on a $178,500 purchase with $2,125/mo rent. Total monthly income registers $2,125/mo, and a $874/mo payment leaves $855/mo available for distribution. Annual cash flow reaches $10,264/yr on $59,173 to close, and return on cash invested stands at 37.25% in year one. Equity gained on principal adds $1,152/yr while 5% annual appreciation supports $49,316 over five years. Portfolio math shows five-year ROI at 197.1% and total cumulative return in cash at $116,630. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,125/mo property income against a $874/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79109, Amarillo, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
20,092
Single Family
14,389
Multi-Family
5,703
Businesses
1,808
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