3422 Gladstone LnAmarilloTX79121
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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
Investment property for sale in Amarillo at 3422 Gladstone Ln, Amarillo, TX, 79121 with 5% annual appreciation on a $253,300 basis while $2,521/mo rent supports operations. Total monthly income totals $2,521/mo and a $1,240/mo payment preserves $701/mo for cash returns. Annual cash flow comes to $8,416/yr on $83,969 deployed, and return on cash invested reaches 29.93% in year one. Equity gained on principal adds $1,635/yr, and five-year appreciation sums $69,982 alongside rental yield of 11.94%. Five-year ROI measures 157.93% and total cumulative return in cash totals $132,614.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,521/mo property income versus a $1,240/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1979
3,749 sqft 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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