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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Amarillo at 7710 Farrell Dr, Amarillo, TX, 79121 listed at $229,900 pairs $1,567/mo rent with a $1,125/mo payment. Total monthly income runs $1,567/mo. Return on cash invested measures 18.21% in year one, and rental yield registers 8.18% at a $229,900 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,517 by year five. Five-year ROI tracks 95.23% and total cumulative return in cash totals $72,575. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,567/mo property income relative to a $1,125/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 79121, Amarillo, TX area.
| 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 |
Residential
2,841
Single Family
2,381
Multi-Family
460
Businesses
218
Date | Event | Price |
|---|---|---|
| 2025-05-30 | Listed for sale | $229,900 |
| 2015-04-17 | Sold | N/A |
| 2015-03-20 | Pending sale | $142,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-30 | N/A | N/A | $226,812 | 2.62% |
| 2023-05-30 | $4296.23 | 0.04% | $221,029 | 9.93% |
| 2022-05-30 | $4294.67 | 16.82% | $201,059 | 23.24% |
Listed by: Amy Hughes • Amy Hughes, REALTORS
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-4914
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.
