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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Amarillo at 5604 Purdue St, Amarillo, TX, 79109 offers $1,556/mo rent that, after a $978/mo payment, leaves $65/mo cash flow. Total monthly income is $1,556/mo, and annual cash flow is $779/yr on $66,267 cash. Return on cash invested measures 21.08% in year one, and rental yield stands at 9.34% at a $199,900 entry. Equity gained on principal adds $1,290/yr while 5% annual appreciation compounds into $55,229 by year five. Five-year ROI records 110.81% and total cumulative return in cash reaches $73,429. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,556/mo property income versus a $978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
N/A lot
$N/A/sqft
$75 quarterly HOA
Neighborhood data shown for ZIP Code: 79109, Amarillo, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,466 (100%) |
| Owner Occupied HU | 11,178 (54.6%) |
| Renter Occupied HU | 7,379 (36.1%) |
| Vacant Housing Units | 1,909 ( 9.3%) |
| Median Home Value | $243,928 |
| Average Home Value | $305,562 |
Residential
20,092
Single Family
14,389
Multi-Family
5,703
Businesses
1,808
Date | Event | Price |
|---|---|---|
| 2025-04-17 | Listed for sale | $199,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-18 | N/A | N/A | $209,617 | 5.59% |
| 2023-04-18 | $3858.78 | -0.12% | $198,523 | 9.76% |
| 2022-04-18 | $3863.58 | 9.92% | $180,877 | 15.97% |
Listed by: Traci Epps • Coldwell Banker First Equity
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-3577
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.
