6308 Academy DrAmarilloTX79119
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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 6308 Academy Dr, Amarillo, TX, 79119 at $279,800 posts ROI 39.61% with $1,523/mo cash flow from $3,540/mo rent. Total monthly income equals $3,540/mo, and annual cash flow records $18,271/yr on $92,754 to close. Return on cash invested measures 39.61% and rental yield reads 15.18% at the current $279,800. Equity gained on principal adds $1,806/yr, and 5% annual appreciation supports $77,304 by year five. Five-year ROI prints 209.83% and total cumulative return in cash totals $194,622.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,540/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2001
N/A lot
$N/A/sqft
No 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: Devin Cook • Keller Williams Realty Amarillo
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-4856
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.