2700 Bismarck AveAmarilloTX79119
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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 2700 Bismarck Ave, Amarillo, TX, 79119 priced at $324,900 converts $2,581/mo rent into $271/mo cash flow after a $1,590/mo obligation. Total monthly income equals $2,581/mo, and annual cash flow totals $3,250/yr on $107,704 invested. Return on cash invested prints 22.93% in year one, and rental yield reads 9.53% against a $324,900 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,764 by year five. Five-year ROI reaches 120.23% and total cumulative return in cash sums $129,497. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,581/mo property income covering a $1,590/mo payment, not borrower’s personal income.
Single Family
Built in 2017
9,583 sqft 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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Listed by: Douglas A. Campbell • French and Co., REALTORS
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-3600
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.