8906 Witmer CtAmarilloTX79119
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 8906 Witmer Ct, Amarillo, TX, 79119 uses $119,009 cash to close to unlock $1,140/yr annual cash flow and $95/mo monthly cash flow. Total monthly income runs $2,734/mo, and a $1,757/mo payment keeps the spread at $95/mo. Purchase price stands at $359,000, and rental yield measures 9.14% with $2,734/mo rent. Return on cash invested shows 20.87% in year one, and 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 109.54% and total cumulative return in cash records $130,363. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,734/mo property income covering a $1,757/mo payment rather than investor’s personal income.
Single Family
Built in 2017
N/A lot
$N/A/sqft
$40 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79119, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,914 (100%) |
| Owner Occupied HU | 7,282 (66.7%) |
| Renter Occupied HU | 2,782 (25.5%) |
| Vacant Housing Units | 850 ( 7.8%) |
| Median Home Value | $351,068 |
| Average Home Value | $398,649 |
Housing Distribution
Address Breakdown
Residential
10,504
Single Family
8,584
Multi-Family
1,920
Businesses
596
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leonard Renteria • The Difference Realty, LLC
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-4933
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.