6721 Emerald CtAmarilloTX79124
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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 6721 Emerald Ct, Amarillo, TX, 79124 earns $560/mo cash flow from $2,160/mo rent with a $1,101/mo payment. Total monthly income totals $2,160/mo, and annual cash flow totals $6,723/yr on $74,588 capital. ROI tracks 28.92% on current figures, and rental yield reads 11.52% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 152.45% and total cumulative return in cash sums $113,709. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,160/mo property income instead of your personal income.
Single Family
Built in 1994
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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