2901 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 2901 Pittsburg St, Amarillo, TX, 79103 uses $53,040 cash to close to unlock $13,430/yr annual cash flow and $1,119/mo monthly cash flow. Total monthly income runs $2,291/mo, and a $783/mo payment keeps the spread at $1,119/mo. Purchase price stands at $160,000, and rental yield measures 17.18% with $2,291/mo rent. Return on cash invested shows 45.23% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 240.18% and total cumulative return in cash records $127,394. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,291/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1978
7,405 sqft 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: Leonard Renteria • The Difference Realty, LLC
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-6899
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.