7503 Essex CtAmarilloTX79121
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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 7503 Essex Ct, Amarillo, TX, 79121 earns $481/mo cash flow from $2,552/mo rent with a $1,400/mo payment. Total monthly income totals $2,552/mo, and annual cash flow totals $5,767/yr on $94,842 capital. ROI tracks 25.99% on current figures, and rental yield reads 10.7% at a $286,100 purchase. Equity gained on principal adds $1,846/yr, and 5% annual appreciation supports $79,044 over five years. Five-year ROI reaches 136.83% and total cumulative return in cash sums $129,772. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,552/mo property income instead of your personal income.
Single Family
Built in 1985
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79121, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,137 (100%) |
| Owner Occupied HU | 2,095 (66.8%) |
| Renter Occupied HU | 793 (25.3%) |
| Vacant Housing Units | 249 ( 7.9%) |
| Median Home Value | $290,357 |
| Average Home Value | $361,521 |
Housing Distribution
Address Breakdown
Residential
2,841
Single Family
2,381
Multi-Family
460
Businesses
218
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