716 N Hayes StAmarilloTX79107
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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 716 N Hayes St, Amarillo, TX, 79107 with 5% annual appreciation on a $199,999 basis while $1,660/mo rent supports operations. Total monthly income totals $1,660/mo and a $979/mo payment preserves $238/mo for cash returns. Annual cash flow comes to $2,852/yr on $66,300 deployed, and return on cash invested reaches 24.21% in year one. Equity gained on principal adds $1,291/yr, and five-year appreciation sums $55,256 alongside rental yield of 9.96%. Five-year ROI measures 127.13% and total cumulative return in cash totals $84,284.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,660/mo property income versus a $979/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1939
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79107, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,156 (100%) |
| Owner Occupied HU | 5,989 (49.3%) |
| Renter Occupied HU | 4,414 (36.3%) |
| Vacant Housing Units | 1,753 (14.4%) |
| Median Home Value | $106,533 |
| Average Home Value | $183,584 |
Housing Distribution
Address Breakdown
Residential
11,261
Single Family
10,382
Multi-Family
879
Businesses
751
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