4916 Leigh 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
Rental property for sale in Amarillo at 4916 Leigh Ave, Amarillo, TX, 79110 generates $1,289/mo in rent and, after a $710/mo payment, leaves $258/mo in cash flow. Total monthly income is $1,289/mo, and annual cash flow is $3,091/yr on $48,068 invested. Return on cash invested sits at 26.34% in year one, and rental yield is 10.67% on a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 138.57% and total cumulative return in cash sums $66,608. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,289/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
6,534 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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