8106 Miami AveAmarilloTX79118
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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 Amarillo at 8106 Miami Ave, Amarillo, TX, 79118 priced at $574,900 pairs $3,504/mo rent with after a $2,814/mo payment. Total monthly income equals $3,504/mo. Return on cash invested is 16.35% in year one, and rental yield stands at 7.31% on a $574,900 basis. Equity gained on principal adds $3,710/yr, and 5% annual appreciation accumulates to $158,834 by year five. Five-year ROI measures 84.97% and total cumulative return in cash reaches $160,707. For financing, Ziffy Mortgage’s DSCR program evaluates $3,504/mo property income against a $2,814/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79118, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,767 (100%) |
| Owner Occupied HU | 8,485 (72.1%) |
| Renter Occupied HU | 2,390 (20.3%) |
| Vacant Housing Units | 892 ( 7.6%) |
| Median Home Value | $258,781 |
| Average Home Value | $307,731 |
Housing Distribution
Address Breakdown
Residential
11,483
Single Family
10,529
Multi-Family
954
Businesses
383
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