813 S Prospect StAmarilloTX79106
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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 813 S Prospect St, Amarillo, TX, 79106 with 5% annual appreciation on a $132,500 basis while $1,067/mo rent supports operations. Total monthly income totals $1,067/mo and a $649/mo payment preserves $124/mo for cash returns. Annual cash flow comes to $1,491/yr on $43,924 deployed, and return on cash invested reaches 23.3% in year one. Equity gained on principal adds $855/yr, and five-year appreciation sums $36,607 alongside rental yield of 9.66%. Five-year ROI measures 122.33% and total cumulative return in cash totals $53,732.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,067/mo property income versus a $649/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1927
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79106, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,546 (100%) |
| Owner Occupied HU | 6,023 (44.5%) |
| Renter Occupied HU | 5,705 (42.1%) |
| Vacant Housing Units | 1,818 (13.4%) |
| Median Home Value | $184,695 |
| Average Home Value | $226,037 |
Housing Distribution
Address Breakdown
Residential
12,719
Single Family
10,175
Multi-Family
2,544
Businesses
1,280
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Listed by: Lisa R Harris • Keller Williams Realty Amarillo
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-3077
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.