3409 Martin RdAmarilloTX79107
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 3409 Martin Rd, Amarillo, TX, 79107 in Amarillo at $109,000 earns $841/mo in rent and nets $66/mo after the $490/mo payment, a 9.26% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $30,115 over five years. Ziffy Mortgage underwrites this on a 1.72 DSCR without U.S. credit history. With $1,004/yr in principal paydown, total projected return reaches $46,041.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 7.8% |
| Monthly Cash Flow | $66 | $850 |
City averages based on Amarillo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $841 |
| Total Monthly Debt Service | $732 |
| DSCR Ratio | 1.15x |
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 1954
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79107, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,156 (100%) |
| Owner Occupied HU | 5,989 (49.3%) |
| Renter Occupied HU | 4,414 (36.3%) |
| Vacant Housing Units | 1,753 (14.4%) |
| Median Home Value | $106,533 |
| Average Home Value | $183,584 |
Housing Distribution
Address Breakdown
Residential
11,261
Single Family
10,382
Multi-Family
879
Businesses
751
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 1954
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79107, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,156 (100%) |
| Owner Occupied HU | 5,989 (49.3%) |
| Renter Occupied HU | 4,414 (36.3%) |
| Vacant Housing Units | 1,753 (14.4%) |
| Median Home Value | $106,533 |
| Average Home Value | $183,584 |
Housing Distribution
Address Breakdown
Residential
11,261
Single Family
10,382
Multi-Family
879
Businesses
751
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices