706 S Birmingham StAmarilloTX79104
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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 706 S Birmingham St, Amarillo, TX, 79104 earns $244/mo cash flow from $1,062/mo rent with a $563/mo payment. Total monthly income totals $1,062/mo, and annual cash flow totals $2,929/yr on $38,123 capital. ROI tracks 27.59% on current figures, and rental yield reads 11.08% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 145.39% and total cumulative return in cash sums $55,425. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,062/mo property income instead of your personal income.
Single Family
Built in 1947
6,969 sqft 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
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