4707 Carmel AveAmarilloTX79110
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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
Investment property for sale in Amarillo at 4707 Carmel Ave, Amarillo, TX, 79110 listed at $285,900 pairs $1,800/mo rent with a $1,399/mo payment. Total monthly income runs $1,800/mo. Return on cash invested measures 16.96% in year one, and rental yield registers 7.56% at a $285,900 basis. Equity gained on principal adds $1,845/yr, and annual property appreciation at 5% supports $78,989 by year five. Five-year ROI tracks 88.29% and total cumulative return in cash totals $83,677. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,800/mo property income relative to a $1,399/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79110, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,865 (100%) |
| Owner Occupied HU | 5,078 (64.6%) |
| Renter Occupied HU | 2,356 (30.0%) |
| Vacant Housing Units | 431 ( 5.5%) |
| Median Home Value | $162,500 |
| Average Home Value | $237,216 |
Housing Distribution
Address Breakdown
Residential
7,436
Single Family
7,234
Multi-Family
202
Businesses
556
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