6202 Bay RdgAmarilloTX79119
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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 6202 Bay Rdg, Amarillo, TX, 79119 priced at $442,000 converts $2,843/mo rent into after a $2,163/mo obligation. Total monthly income equals $2,843/mo. Return on cash invested prints 16.3% in year one, and rental yield reads 7.72% against a $442,000 entry. Equity gained on principal adds $2,852/yr, while 5% annual appreciation compiles into $122,116 by year five. Five-year ROI reaches 85.09% and total cumulative return in cash sums $124,670. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,843/mo property income covering a $2,163/mo payment, not borrower’s personal income.
Single Family
Built in 2021
N/A lot
$N/A/sqft
$40 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: Yvette Ayala • Au Properties, LLC
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-1476
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.