7901 Kingsgate DrAmarilloTX79119
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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 7901 Kingsgate Dr, Amarillo, TX, 79119 offers a 8.95% rental yield on a $383,000 purchase with $2,857/mo rent. 2% in year one. Equity gained on principal adds $2,471/yr while 5% annual appreciation supports $105,816 over five years. Portfolio math shows five-year ROI at 100.95% and total cumulative return in cash at $128,166. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,857/mo property income against a $1,875/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2013
6,534 sqft lot
$N/A/sqft
$122 annually 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: Cathy Bailey • Coldwell Banker First Equity
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-5902
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.