302 Appaloosa RdAmarilloTX79108
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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 302 Appaloosa Rd, Amarillo, TX, 79108 priced at $260,000 pairs $2,083/mo rent with $216/mo cash flow after a $1,273/mo payment. Total monthly income equals $2,083/mo, and annual cash flow comes to $2,588/yr on $86,190 invested. Return on cash invested is 22.91% in year one, and rental yield stands at 9.61% on a $260,000 basis. Equity gained on principal adds $1,678/yr, and 5% annual appreciation accumulates to $71,833 by year five. Five-year ROI measures 120.24% and total cumulative return in cash reaches $103,637. For financing, Ziffy Mortgage’s DSCR program evaluates $2,083/mo property income against a $1,273/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79108, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,331 (100%) |
| Owner Occupied HU | 3,671 (68.9%) |
| Renter Occupied HU | 1,068 (20.0%) |
| Vacant Housing Units | 592 (11.1%) |
| Median Home Value | $185,725 |
| Average Home Value | $219,712 |
Housing Distribution
Address Breakdown
Residential
5,069
Single Family
4,909
Multi-Family
160
Businesses
208
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Listed by: Holly Bryant • RockOne Realty, LLC
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-8822
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.