5621 Granada DrAmarilloTX79109
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 5621 Granada Dr, Amarillo, TX, 79109 uses $68,156 cash to close to unlock $5,187/yr annual cash flow and $432/mo monthly cash flow. Total monthly income runs $1,894/mo, and a $1,006/mo payment keeps the spread at $432/mo. Purchase price stands at $205,600, and rental yield measures 11.05% with $1,894/mo rent. Return on cash invested shows 27.52% in year one, and 5% annual appreciation builds toward $56,803 over five years. Five-year ROI reaches 144.91% and total cumulative return in cash records $98,762. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,894/mo property income covering a $1,006/mo payment rather than investor’s personal income.
Single Family
Built in 1977
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79109, Amarillo, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
20,092
Single Family
14,389
Multi-Family
5,703
Businesses
1,808
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices