17 Snead LnAmarilloTX79124
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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 17 Snead Ln, Amarillo, TX, 79124 earns from $3,388/mo rent with a $2,340/mo payment. Total monthly income totals $3,388/mo. ROI tracks 15.12% on current figures, and rental yield reads 8.51% at a $478,000 purchase. Equity gained on principal adds $3,084/yr, and 5% annual appreciation supports $132,063 over five years. Five-year ROI reaches 80.08% and total cumulative return in cash sums $126,889. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,388/mo property income instead of your personal income.
Single Family
Built in 1985
N/A lot
$N/A/sqft
$575 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79124, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,258 (100%) |
| Owner Occupied HU | 3,895 (74.1%) |
| Renter Occupied HU | 952 (18.1%) |
| Vacant Housing Units | 411 ( 7.8%) |
| Median Home Value | $362,263 |
| Average Home Value | $400,636 |
Housing Distribution
Address Breakdown
Residential
4,962
Single Family
4,315
Multi-Family
647
Businesses
313
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Listed by: Jennifer Auvermann • Keller Williams Realty Amarillo
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-2509
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.