706 Browning StAmarilloTX79104
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 706 Browning St, Amarillo, TX, 79104 listed at $165,000 pairs $1,299/mo rent with a $808/mo payment to leave $125/mo cash flow. Total monthly income runs $1,299/mo, and annual cash flow reaches $1,503/yr on $54,698 cash to close. Return on cash invested measures 22.66% in year one, and rental yield registers 9.45% at a $165,000 basis. Equity gained on principal adds $1,065/yr, and annual property appreciation at 5% supports $45,586 by year five. Five-year ROI tracks 118.86% and total cumulative return in cash totals $65,015. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,299/mo property income relative to a $808/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1946
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79104, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,746 (100%) |
| Owner Occupied HU | 1,486 (54.1%) |
| Renter Occupied HU | 983 (35.8%) |
| Vacant Housing Units | 277 (10.1%) |
| Median Home Value | $108,209 |
| Average Home Value | $175,998 |
Housing Distribution
Address Breakdown
Residential
2,521
Single Family
2,368
Multi-Family
153
Businesses
193
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jon Mark Roberson • Keller Williams Realty Amarillo
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-6898
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.