2805 Ries LnAmarilloTX79118
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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 2805 Ries Ln, Amarillo, TX, 79118 with 5% annual appreciation on a $226,900 basis while $1,944/mo rent supports operations. Total monthly income totals $1,944/mo and a $1,111/mo payment preserves $330/mo for cash returns. Annual cash flow comes to $3,960/yr on $75,217 deployed, and return on cash invested reaches 25.17% in year one. Equity gained on principal adds $1,464/yr, and five-year appreciation sums $62,688 alongside rental yield of 10.28%. Five-year ROI measures 132.34% and total cumulative return in cash totals $99,545.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,944/mo property income versus a $1,111/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2011
5,665 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79118, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,767 (100%) |
| Owner Occupied HU | 8,485 (72.1%) |
| Renter Occupied HU | 2,390 (20.3%) |
| Vacant Housing Units | 892 ( 7.6%) |
| Median Home Value | $258,781 |
| Average Home Value | $307,731 |
Housing Distribution
Address Breakdown
Residential
11,483
Single Family
10,529
Multi-Family
954
Businesses
383
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Listed by: Hilary Wesley • RockOne Realty, LLC
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-7276
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.