2804 John DrAmarilloTX79110
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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 2804 John Dr, Amarillo, TX, 79110 priced at $230,500 converts $2,148/mo rent into $509/mo cash flow after a $1,128/mo obligation. Total monthly income equals $2,148/mo, and annual cash flow totals $6,109/yr on $76,411 invested. Return on cash invested prints 27.9% in year one, and rental yield reads 11.18% against a $230,500 entry. Equity gained on principal adds $1,487/yr, while 5% annual appreciation compiles into $63,683 by year five. Five-year ROI reaches 146.99% and total cumulative return in cash sums $112,316. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,148/mo property income covering a $1,128/mo payment, not borrower’s personal income.
Single Family
Built in 1976
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79110, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,865 (100%) |
| Owner Occupied HU | 5,078 (64.6%) |
| Renter Occupied HU | 2,356 (30.0%) |
| Vacant Housing Units | 431 ( 5.5%) |
| Median Home Value | $162,500 |
| Average Home Value | $237,216 |
Housing Distribution
Address Breakdown
Residential
7,436
Single Family
7,234
Multi-Family
202
Businesses
556
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