4708 S Lamar StAmarilloTX79110
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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 4708 S Lamar St, Amarillo, TX, 79110 listed at $199,000 pairs $1,632/mo rent with a $974/mo payment to leave $217/mo cash flow. Total monthly income runs $1,632/mo, and annual cash flow reaches $2,603/yr on $65,969 cash to close. Return on cash invested measures 23.85% in year one, and rental yield registers 9.84% at a $199,000 basis. Equity gained on principal adds $1,284/yr, and annual property appreciation at 5% supports $54,980 by year five. Five-year ROI tracks 125.2% and total cumulative return in cash totals $82,590. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,632/mo property income relative to a $974/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1961
7,405 sqft 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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Listed by: Analese Joseph • Fathom Realty, LLC
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-4192
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.