6309 S Leigh StAmarilloTX79118
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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 6309 S Leigh St, Amarillo, TX, 79118 at $272,000 posts ROI 23.72% with $286/mo cash flow from $2,220/mo rent. Total monthly income equals $2,220/mo, and annual cash flow records $3,433/yr on $90,168 to close. Return on cash invested measures 23.72% and rental yield reads 9.79% at the current $272,000. Equity gained on principal adds $1,755/yr, and 5% annual appreciation supports $75,149 by year five. Five-year ROI prints 124.52% and total cumulative return in cash totals $112,277.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,220/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1997
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79118, Amarillo, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
11,483
Single Family
10,529
Multi-Family
954
Businesses
383
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Listed by: Norma R West • Fathom Realty, LLC
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-3666
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.