2400 Sanborn 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
Rental property for sale in Amarillo at 2400 Sanborn St, Amarillo, TX, 79107 priced at $130,000 converts $1,138/mo rent into $161/mo cash flow after a $636/mo obligation. Total monthly income equals $1,138/mo, and annual cash flow totals $1,934/yr on $43,095 invested. Return on cash invested prints 24.4% in year one, and rental yield reads 10.5% against a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation compiles into $35,917 by year five. Five-year ROI reaches 128.76% and total cumulative return in cash sums $55,491. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,138/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in 1955
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: Nora Guerrero • Berkshire Hathaway HomeServices Premier Properties
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-2500
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.