702 S Cleveland StAmarilloTX79102
Nearby investment properties with comparable rents
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 702 S Cleveland St, Amarillo, TX, 79102 earns $294/mo cash flow from $1,218/mo rent with a $636/mo payment. Total monthly income totals $1,218/mo, and annual cash flow totals $3,526/yr on $43,095 capital. ROI tracks 28.09% on current figures, and rental yield reads 11.24% at a $130,000 purchase. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 over five years. Five-year ROI reaches 147.95% and total cumulative return in cash sums $63,759. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,218/mo property income instead of your personal income.
Single Family
Built in 1910
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79102, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,579 (100%) |
| Owner Occupied HU | 1,995 (43.6%) |
| Renter Occupied HU | 1,954 (42.7%) |
| Vacant Housing Units | 630 (13.8%) |
| Median Home Value | $161,478 |
| Average Home Value | $180,330 |
Housing Distribution
Address Breakdown
Residential
4,111
Single Family
3,611
Multi-Family
500
Businesses
470
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices