7308 Sinclair StAmarilloTX79119
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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 7308 Sinclair St, Amarillo, TX, 79119 uses $124,279 cash to close to unlock $2,784/yr annual cash flow and $232/mo monthly cash flow. Total monthly income runs $2,898/mo, and a $1,835/mo payment keeps the spread at $232/mo. Purchase price stands at $374,900, and rental yield measures 9.28% with $2,898/mo rent. Return on cash invested shows 22.15% in year one, and 5% annual appreciation builds toward $103,578 over five years. Five-year ROI reaches 116.05% and total cumulative return in cash records $144,223. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,898/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 2016
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79119, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,914 (100%) |
| Owner Occupied HU | 7,282 (66.7%) |
| Renter Occupied HU | 2,782 (25.5%) |
| Vacant Housing Units | 850 ( 7.8%) |
| Median Home Value | $351,068 |
| Average Home Value | $398,649 |
Housing Distribution
Address Breakdown
Residential
10,504
Single Family
8,584
Multi-Family
1,920
Businesses
596
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Listed by: Natalia Molina • Moreland Real Estate Group
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-5802
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.