3303 Whitecotton PlAmarilloTX79121
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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 3303 Whitecotton Pl, Amarillo, TX, 79121 generates $2,558/mo in rent and, after a $1,292/mo payment, leaves $681/mo in cash flow. Total monthly income is $2,558/mo, and annual cash flow is $8,170/yr on $87,516 invested. Return on cash invested sits at 29.24% in year one, and rental yield is 11.63% on a $264,000 entry. Equity gained on principal adds $1,704/yr, while 5% annual appreciation builds toward $72,938 over five years. Five-year ROI reaches 154.11% and total cumulative return in cash sums $134,869. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,558/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79121, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,137 (100%) |
| Owner Occupied HU | 2,095 (66.8%) |
| Renter Occupied HU | 793 (25.3%) |
| Vacant Housing Units | 249 ( 7.9%) |
| Median Home Value | $290,357 |
| Average Home Value | $361,521 |
Housing Distribution
Address Breakdown
Residential
2,841
Single Family
2,381
Multi-Family
460
Businesses
218
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Listed by: Lenis Sisco • Horton Neely, LLC, REALTORS
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-2965
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.