8510 Tule DrAmarilloTX79108
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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 8510 Tule Dr, Amarillo, TX, 79108 priced at $238,500 converts $1,819/mo rent into $123/mo cash flow after a $1,167/mo obligation. Total monthly income equals $1,819/mo, and annual cash flow totals $1,480/yr on $79,063 invested. Return on cash invested prints 21.78% in year one, and rental yield reads 9.15% against a $238,500 entry. Equity gained on principal adds $1,539/yr, while 5% annual appreciation compiles into $65,893 by year five. Five-year ROI reaches 114.14% and total cumulative return in cash sums $90,239. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,819/mo property income covering a $1,167/mo payment, not borrower’s personal income.
Manufactured
Built in 1996
2.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79108, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,331 (100%) |
| Owner Occupied HU | 3,671 (68.9%) |
| Renter Occupied HU | 1,068 (20.0%) |
| Vacant Housing Units | 592 (11.1%) |
| Median Home Value | $185,725 |
| Average Home Value | $219,712 |
Housing Distribution
Address Breakdown
Residential
5,069
Single Family
4,909
Multi-Family
160
Businesses
208
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