6803 Sky RdgAmarilloTX79124
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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 6803 Sky Rdg, Amarillo, TX, 79124 priced at $689,500 pairs $3,594/mo rent with after a $3,375/mo payment. Total monthly income equals $3,594/mo. Return on cash invested is 12.91% in year one, and rental yield stands at 6.25% on a $689,500 basis. Equity gained on principal adds $4,449/yr, and 5% annual appreciation accumulates to $190,496 by year five. Five-year ROI measures 66.59% and total cumulative return in cash reaches $151,051. For financing, Ziffy Mortgage’s DSCR program evaluates $3,594/mo property income against a $3,375/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
$500 annually 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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Listed by: Tish Thomason • Llano Realty, LLC
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-6428
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.