5304 Wheeler LnAmarilloTX79110
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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 5304 Wheeler Ln, Amarillo, TX, 79110 uses $65,969 cash to close to unlock $16,511/yr annual cash flow and $1,376/mo monthly cash flow. Total monthly income runs $2,791/mo, and a $974/mo payment keeps the spread at $1,376/mo. Purchase price stands at $199,000, and rental yield measures 16.83% with $2,791/mo rent. Return on cash invested shows 44.94% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 238.27% and total cumulative return in cash records $157,182. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,791/mo property income covering a $974/mo payment rather than investor’s personal income.
Single Family
Built in 1982
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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Listed by: Tiffaney Belflower • Belflower Realty Group, LLC
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-6507
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.