2803 Pittsburg StAmarilloTX79103
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2803 Pittsburg St, Amarillo, TX, 79103 offers a 16.59% rental yield on a $180,000 purchase with $2,489/mo rent. Total monthly income registers $2,489/mo, and a $881/mo payment leaves $1,209/mo available for distribution. Annual cash flow reaches $14,508/yr on $59,670 to close, and return on cash invested stands at 44.22% in year one. Equity gained on principal adds $1,162/yr while 5% annual appreciation supports $49,731 over five years. Portfolio math shows five-year ROI at 234.42% and total cumulative return in cash at $139,877. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,489/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79103, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,929 (100%) |
| Owner Occupied HU | 2,582 (65.7%) |
| Renter Occupied HU | 1,114 (28.4%) |
| Vacant Housing Units | 233 ( 5.9%) |
| Median Home Value | $123,721 |
| Average Home Value | $185,776 |
Housing Distribution
Address Breakdown
Residential
3,765
Single Family
3,597
Multi-Family
168
Businesses
246
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amber Wray • Virtual Realty LLC
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-5731
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.