611 S Alabama StAmarilloTX79106
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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 611 S Alabama St, Amarillo, TX, 79106 earns from $900/mo rent with a $782/mo payment. Total monthly income totals $900/mo. ROI tracks 14.56% on current figures, and rental yield reads 6.76% at a $159,700 purchase. Equity gained on principal adds $1,031/yr, and 5% annual appreciation supports $44,122 over five years. Five-year ROI reaches 75.35% and total cumulative return in cash sums $39,891. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $900/mo property income instead of your personal income.
Multi Family
Built in 1925
6,970 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79106, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,546 (100%) |
| Owner Occupied HU | 6,023 (44.5%) |
| Renter Occupied HU | 5,705 (42.1%) |
| Vacant Housing Units | 1,818 (13.4%) |
| Median Home Value | $184,695 |
| Average Home Value | $226,037 |
Housing Distribution
Address Breakdown
Residential
12,719
Single Family
10,175
Multi-Family
2,544
Businesses
1,280
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