3202 S Harrison StAmarilloTX79109
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3202 S Harrison St, Amarillo, TX, 79109 offers a 8.99% rental yield on a $184,900 purchase with $1,385/mo rent. Total monthly income registers $1,385/mo, and a $905/mo payment leaves $70/mo available for distribution. Annual cash flow reaches $842/yr on $61,294 to close, and return on cash invested stands at 21.28% in year one. Equity gained on principal adds $1,193/yr while 5% annual appreciation supports $51,084 over five years. Portfolio math shows five-year ROI at 111.49% and total cumulative return in cash at $68,335. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,385/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79109, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,466 (100%) |
| Owner Occupied HU | 11,178 (54.6%) |
| Renter Occupied HU | 7,379 (36.1%) |
| Vacant Housing Units | 1,909 ( 9.3%) |
| Median Home Value | $243,928 |
| Average Home Value | $305,562 |
Housing Distribution
Address Breakdown
Residential
20,092
Single Family
14,389
Multi-Family
5,703
Businesses
1,808
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Charles Mitchell • Distinct Real Estate Group
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-3650
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.