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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% |
Investment property for sale in Amarillo at 6261 Meredith Ln, Amarillo, TX, 79118 at $180,000 posts ROI 23.07% with $157/mo cash flow from $1,437/mo rent. Total monthly income equals $1,437/mo, and annual cash flow records $1,884/yr on $59,670 to close. Return on cash invested measures 23.07% and rental yield reads 9.58% at the current $180,000. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 by year five. Five-year ROI prints 120.95% and total cumulative return in cash totals $72,173.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,437/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1999
1.47 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 79118, Amarillo, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,767 (100%) |
| Owner Occupied HU | 8,485 (72.1%) |
| Renter Occupied HU | 2,390 (20.3%) |
| Vacant Housing Units | 892 ( 7.6%) |
| Median Home Value | $258,781 |
| Average Home Value | $307,731 |
Residential
11,483
Single Family
10,529
Multi-Family
954
Businesses
383
Date | Event | Price |
|---|---|---|
| 2025-05-06 | Listed for sale | $180,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-06 | N/A | N/A | $110,479 | 10.00% |
| 2023-05-06 | $218.23 | -67.36% | $100,435 | 10.00% |
| 2022-05-06 | $668.51 | -52.13% | $91,305 | 10.00% |
Listed by: Amy Harris • Coldwell Banker First Equity
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-4174
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.
