2803 Ranch House RdAmarilloTX79124
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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 2803 Ranch House Rd, Amarillo, TX, 79124 offers a 8.79% rental yield on a $205,500 purchase with $1,505/mo rent. Total monthly income registers $1,505/mo, and a $1,006/mo payment leaves $43/mo available for distribution. Annual cash flow reaches $522/yr on $68,123 to close, and return on cash invested stands at 20.67% in year one. Equity gained on principal adds $1,326/yr while 5% annual appreciation supports $56,776 over five years. Portfolio math shows five-year ROI at 108.2% and total cumulative return in cash at $73,711. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,505/mo property income against a $1,006/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79124, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,258 (100%) |
| Owner Occupied HU | 3,895 (74.1%) |
| Renter Occupied HU | 952 (18.1%) |
| Vacant Housing Units | 411 ( 7.8%) |
| Median Home Value | $362,263 |
| Average Home Value | $400,636 |
Housing Distribution
Address Breakdown
Residential
4,962
Single Family
4,315
Multi-Family
647
Businesses
313
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