346 E Bonita AveAmarilloTX79108
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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 346 E Bonita Ave, Amarillo, TX, 79108 priced at $205,900 pairs $1,320/mo rent with after a $1,008/mo payment. Total monthly income equals $1,320/mo. Return on cash invested is 17.37% in year one, and rental yield stands at 7.69% on a $205,900 basis. Equity gained on principal adds $1,329/yr, and 5% annual appreciation accumulates to $56,886 by year five. Five-year ROI measures 90.47% and total cumulative return in cash reaches $61,752. For financing, Ziffy Mortgage’s DSCR program evaluates $1,320/mo property income against a $1,008/mo payment instead of your W2s, 1099s, or Tax returns.
Home Type Unknown
Built in N/A
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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