801 Avenue KSunrayTX79086
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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
Rental property for sale in Sunray at 801 Avenue K, Sunray, TX, 79086 generates $1,490/mo in rent and, after a $489/mo payment, leaves $779/mo in cash flow. Total monthly income is $1,490/mo, and annual cash flow is $9,352/yr on $33,150 invested. Return on cash invested sits at 48.12% in year one, and rental yield is 17.88% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 255.43% and total cumulative return in cash sums $84,676. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,490/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79086, Sunray, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 809 (100%) |
| Owner Occupied HU | 513 (63.4%) |
| Renter Occupied HU | 188 (23.2%) |
| Vacant Housing Units | 108 (13.3%) |
| Median Home Value | $161,796 |
| Average Home Value | $198,894 |
Housing Distribution
Address Breakdown
Residential
43
Single Family
43
Multi-Family
0
Businesses
76
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Listed by: Julie Sauls • Landmark Realty Amarillo
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-6322
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.