6318 Suncrest WayAmarilloTX79124
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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 6318 Suncrest Way, Amarillo, TX, 79124 generates $2,573/mo in rent, after a $1,799/mo payment. Total monthly income is $2,573/mo. Return on cash invested sits at 19.51% in year one, and rental yield is 8.4% on a $367,500 entry. Equity gained on principal adds $2,371/yr, while 5% annual appreciation builds toward $101,533 over five years. Five-year ROI reaches 101.93% and total cumulative return in cash sums $124,176. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,573/mo property income rather than buyer’s personal income.
Single Family
Built in 2011
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79124, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,258 (100%) |
| Owner Occupied HU | 3,895 (74.1%) |
| Renter Occupied HU | 952 (18.1%) |
| Vacant Housing Units | 411 ( 7.8%) |
| Median Home Value | $362,263 |
| Average Home Value | $400,636 |
Housing Distribution
Address Breakdown
Residential
4,962
Single Family
4,315
Multi-Family
647
Businesses
313
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