7902 Advance PlAmarilloTX79119
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 7902 Advance Pl, Amarillo, TX, 79119 with 5% annual appreciation on a $288,000 basis while $2,486/mo rent supports operations. Total monthly income totals $2,486/mo and a $1,410/mo payment preserves $437/mo for cash returns. Annual cash flow comes to $5,240/yr on $95,472 deployed, and return on cash invested reaches 25.4% in year one. Equity gained on principal adds $1,858/yr, and five-year appreciation sums $79,569 alongside rental yield of 10.36%. Five-year ROI measures 133.5% and total cumulative return in cash totals $127,452.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,486/mo property income versus a $1,410/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1996
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karina Holguin • Lyons Realty
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-6547
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.