504 Ramada TrlAmarilloTX79108
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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 504 Ramada Trl, Amarillo, TX, 79108 at $605,000 posts ROI 39.44% with $3,215/mo cash flow from $7,517/mo rent. Total monthly income equals $7,517/mo, and annual cash flow records $38,579/yr on $199,045 to close. Return on cash invested measures 39.44% and rental yield reads 14.91% at the current $605,000. Equity gained on principal adds $3,904/yr, and 5% annual appreciation supports $167,150 by year five. Five-year ROI prints 208.76% and total cumulative return in cash totals $415,534.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,517/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79108, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,331 (100%) |
| Owner Occupied HU | 3,671 (68.9%) |
| Renter Occupied HU | 1,068 (20.0%) |
| Vacant Housing Units | 592 (11.1%) |
| Median Home Value | $185,725 |
| Average Home Value | $219,712 |
Housing Distribution
Address Breakdown
Residential
5,069
Single Family
4,909
Multi-Family
160
Businesses
208
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Listed by: Angela Montiel • Keller Williams Realty Amarillo
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-6636
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.