3100 Bismarck AveAmarilloTX79118
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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 3100 Bismarck Ave, Amarillo, TX, 79118 generates $3,265/mo in rent and, after a $2,149/mo payment, leaves $143/mo in cash flow. Total monthly income is $3,265/mo, and annual cash flow is $1,715/yr on $145,529 invested. Return on cash invested sits at 21.09% in year one, and rental yield is 8.92% on a $439,000 entry. Equity gained on principal adds $2,833/yr, while 5% annual appreciation builds toward $121,288 over five years. Five-year ROI reaches 110.37% and total cumulative return in cash sums $160,616. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,265/mo property income rather than buyer’s personal income.
Single Family
Built in 2011
9,583 sqft 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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