7718 White Plains AveAmarilloTX79121
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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 7718 White Plains Ave, Amarillo, TX, 79121 with 5% annual appreciation on a $338,900 basis while $2,975/mo rent supports operations. Total monthly income totals $2,975/mo and a $1,659/mo payment preserves $565/mo for cash returns. Annual cash flow comes to $6,777/yr on $112,345 deployed, and return on cash invested reaches 25.94% in year one. Equity gained on principal adds $2,187/yr, and five-year appreciation sums $93,632 alongside rental yield of 10.53%. Five-year ROI measures 136.4% and total cumulative return in cash totals $153,237.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,975/mo property income versus a $1,659/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1986
N/A 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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Listed by: Winona Colson • Fathom Realty, LLC
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-8958
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.