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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Amarillo at 2904 Thurman St, Amarillo, TX, 79106 priced at $199,900 converts $1,594/mo rent into $128/mo cash flow after a $978/mo obligation. Total monthly income equals $1,594/mo, and annual cash flow totals $1,533/yr on $66,267 invested. Return on cash invested prints 22.22% in year one, and rental yield reads 9.57% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 116.77% and total cumulative return in cash sums $77,377. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,594/mo property income covering a $978/mo payment, not borrower’s personal income.
Single Family
Built in 1955
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 79106, Amarillo, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,546 (100%) |
| Owner Occupied HU | 6,023 (44.5%) |
| Renter Occupied HU | 5,705 (42.1%) |
| Vacant Housing Units | 1,818 (13.4%) |
| Median Home Value | $184,695 |
| Average Home Value | $226,037 |
Residential
12,719
Single Family
10,175
Multi-Family
2,544
Businesses
1,280
Date | Event | Price |
|---|---|---|
| 2025-09-15 | Listed for sale | $199,900 |
| 2024-09-02 | Listing removed | $170,998 |
| 2024-05-31 | Price change | $170,998 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-15 | $3860.51 | 4.55% | $204,256 | 7.52% |
| 2023-09-15 | $3692.58 | 33.77% | $189,973 | 27.04% |
| 2022-09-15 | $2760.39 | -0.57% | $149,543 | 10.00% |
Listed by: Frances Frost • Keller Williams Realty Amarillo
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-8001
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.
