4301 W McCormick RdAmarilloTX79118
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 4301 W McCormick Rd, Amarillo, TX, 79118 offers a 15.06% rental yield on a $133,400 purchase with $1,674/mo rent. Total monthly income registers $1,674/mo, and a $653/mo payment leaves $725/mo available for distribution. Annual cash flow reaches $8,703/yr on $44,222 to close, and return on cash invested stands at 39.59% in year one. Equity gained on principal adds $861/yr while 5% annual appreciation supports $36,856 over five years. Portfolio math shows five-year ROI at 209.68% and total cumulative return in cash at $92,726. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,674/mo property income against a $653/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
1.22 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices