3320 Lynette DrAmarilloTX79109
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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 3320 Lynette Dr, Amarillo, TX, 79109 priced at $168,000 converts $2,254/mo rent into $960/mo cash flow after a $822/mo obligation. Total monthly income equals $2,254/mo, and annual cash flow totals $11,516/yr on $55,692 invested. Return on cash invested prints 40.59% in year one, and rental yield reads 16.1% against a $168,000 entry. Equity gained on principal adds $1,084/yr, while 5% annual appreciation compiles into $46,415 by year five. Five-year ROI reaches 215.76% and total cumulative return in cash sums $120,161. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,254/mo property income covering a $822/mo payment, not borrower’s personal income.
Single Family
Built in 1953
7,405 sqft 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
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