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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 8004 Kerr Pl, Amarillo, TX, 79121 offers a 8.49% rental yield on a $225,000 purchase with $1,592/mo rent. 78% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 103.43% and total cumulative return in cash at $77,145. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,592/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
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 |
|---|---|---|
| 2024-11-13 | Sold | N/A |
| 2023-04-02 | Listing removed | N/A |
| 2023-03-23 | Pending sale | $250,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-07 | N/A | N/A | $251,337 | 13.24% |
| 2023-04-07 | $3388.35 | -12.58% | $221,951 | 10.00% |
| 2022-04-07 | $3876.07 | 0.77% | $201,774 | 10.00% |
Listed by: Clementina Davis • TruStar Real Estate
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-3283
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.
