3401 Brennan Blvd APT 3AmarilloTX79121
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe 10.77% yield at 3401 Brennan Blvd APT 3, Amarillo, TX, 79121 in Amarillo is solid, but the $1,146/mo payment compresses net cash flow to $171/mo at $254,900. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $70,424 by year five, and $2,348/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (2.00) without U.S. income documentation. Total projected return: $109,983.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 7.8% |
| Monthly Cash Flow | $171 | $850 |
City averages based on Amarillo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,288 |
| Total Monthly Debt Service | $2,016 |
| DSCR Ratio | 1.13x |
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 1984
N/A lot
$N/A/sqft
$305 monthly 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
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 1984
N/A lot
$N/A/sqft
$305 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anastasia Blanda • Keller Williams Realty Amarillo
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-8649
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.