6012 Millie PlAmarilloTX79119
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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 6012 Millie Pl, Amarillo, TX, 79119 with 5% annual appreciation on a $385,000 basis while $4,735/mo rent supports operations. Total monthly income totals $4,735/mo and a $1,884/mo payment preserves $1,698/mo for cash returns. Annual cash flow comes to $20,371/yr on $127,628 deployed, and return on cash invested reaches 35.87% in year one. Equity gained on principal adds $2,484/yr, and five-year appreciation sums $106,368 alongside rental yield of 14.76%. Five-year ROI measures 190.68% and total cumulative return in cash totals $243,358.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,735/mo property income versus a $1,884/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
N/A lot
$N/A/sqft
$300 monthly 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: Darren P. Mooneyham • Larry Brown, REALTORS
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-7323
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.