3215 S Vernon StAmarilloTX79103
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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 3215 S Vernon St, Amarillo, TX, 79103 earns $171/mo cash flow from $1,522/mo rent with a $930/mo payment. Total monthly income totals $1,522/mo, and annual cash flow totals $2,050/yr on $62,985 capital. ROI tracks 23.16% on current figures, and rental yield reads 9.61% at a $190,000 purchase. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 over five years. Five-year ROI reaches 121.5% and total cumulative return in cash sums $76,524. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,522/mo property income instead of your personal income.
Single Family
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79103, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,929 (100%) |
| Owner Occupied HU | 2,582 (65.7%) |
| Renter Occupied HU | 1,114 (28.4%) |
| Vacant Housing Units | 233 ( 5.9%) |
| Median Home Value | $123,721 |
| Average Home Value | $185,776 |
Housing Distribution
Address Breakdown
Residential
3,765
Single Family
3,597
Multi-Family
168
Businesses
246
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