3307 Westlawn AveAmarilloTX79102
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 3307 Westlawn Ave, Amarillo, TX, 79102 in Amarillo at $165,000 earns $1,244/mo in rent and nets $21/mo after the $742/mo payment, a 9.05% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $45,586 over five years. Ziffy Mortgage underwrites this on a 1.68 DSCR without U.S. credit history. With $1,520/yr in principal paydown, total projected return reaches $64,886.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 7.8% |
| Monthly Cash Flow | $21 | $850 |
City averages based on Amarillo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,244 |
| Total Monthly Debt Service | $1,157 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1953
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79102, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,579 (100%) |
| Owner Occupied HU | 1,995 (43.6%) |
| Renter Occupied HU | 1,954 (42.7%) |
| Vacant Housing Units | 630 (13.8%) |
| Median Home Value | $161,478 |
| Average Home Value | $180,330 |
Housing Distribution
Address Breakdown
Residential
4,111
Single Family
3,611
Multi-Family
500
Businesses
470
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
Single Family
Built in 1953
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79102, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,579 (100%) |
| Owner Occupied HU | 1,995 (43.6%) |
| Renter Occupied HU | 1,954 (42.7%) |
| Vacant Housing Units | 630 (13.8%) |
| Median Home Value | $161,478 |
| Average Home Value | $180,330 |
Housing Distribution
Address Breakdown
Residential
4,111
Single Family
3,611
Multi-Family
500
Businesses
470
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lori Horner Realty Group • Lori Horner Realty Group
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-673
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.