5406 Nova Scotia CtAmarilloTX79119
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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 5406 Nova Scotia Ct, Amarillo, TX, 79119 generates $2,854/mo in rent, after a $2,124/mo payment. Total monthly income is $2,854/mo. Return on cash invested sits at 17.89% in year one, and rental yield is 7.89% on a $434,000 entry. Equity gained on principal adds $2,801/yr, while 5% annual appreciation builds toward $119,906 over five years. Five-year ROI reaches 93.24% and total cumulative return in cash sums $134,146. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,854/mo property income rather than buyer’s personal income.
Single Family
Built in 2009
1.40 Acres lot
$N/A/sqft
$120 annually 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: Jordin Giron • Team West Realty
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-7468
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.