Florida Plan, Hillside TerraceAmarilloTX79119
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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 Florida Plan, Hillside Terrace, Amarillo, TX, 79119 priced at $324,000 pairs $2,295/mo rent with after a $1,586/mo payment. Total monthly income equals $2,295/mo. Return on cash invested is 19.81% in year one, and rental yield stands at 8.5% on a $324,000 basis. Equity gained on principal adds $2,091/yr, and 5% annual appreciation accumulates to $89,515 by year five. Five-year ROI measures 103.5% and total cumulative return in cash reaches $111,167. For financing, Ziffy Mortgage’s DSCR program evaluates $2,295/mo property income against a $1,586/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No 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
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