Victoria Plan, The MeadowsAmarilloTX79118
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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 Victoria Plan, The Meadows, Amarillo, TX, 79118 priced at $186,950 converts $2,508/mo rent into $1,179/mo cash flow after a $915/mo obligation. Total monthly income equals $2,508/mo, and annual cash flow totals $14,143/yr on $61,974 invested. Return on cash invested prints 42.73% in year one, and rental yield reads 16.1% against a $186,950 entry. Equity gained on principal adds $1,206/yr, while 5% annual appreciation compiles into $51,651 by year five. Five-year ROI reaches 226.47% and total cumulative return in cash sums $140,355. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,508/mo property income covering a $915/mo payment, not borrower’s personal income.
Single Family
Built in 2024
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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