4802 Spartanburg DrAmarilloTX79119
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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 4802 Spartanburg Dr, Amarillo, TX, 79119 with 5% annual appreciation on a $699,900 basis while $7,978/mo rent supports operations. Total monthly income totals $7,978/mo and a $3,426/mo payment preserves $2,881/mo for cash returns. Annual cash flow comes to $34,567/yr on $230,267 deployed, and return on cash invested reaches 35.07% in year one. Equity gained on principal adds $4,516/yr, and five-year appreciation sums $193,369 alongside rental yield of 13.68%. Five-year ROI measures 185.56% and total cumulative return in cash totals $427,292.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,978/mo property income versus a $3,426/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2002
0.27 Acres lot
$N/A/sqft
$120 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79119, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,914 (100%) |
| Owner Occupied HU | 7,282 (66.7%) |
| Renter Occupied HU | 2,782 (25.5%) |
| Vacant Housing Units | 850 ( 7.8%) |
| Median Home Value | $351,068 |
| Average Home Value | $398,649 |
Housing Distribution
Address Breakdown
Residential
10,504
Single Family
8,584
Multi-Family
1,920
Businesses
596
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Listed by: Bonifield Team • Coldwell Banker First Equity
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-5784
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.