3508 Bismarck AveAmarilloTX79119
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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 3508 Bismarck Ave, Amarillo, TX, 79119 uses $81,251 cash to close to unlock $6,569/yr annual cash flow and $547/mo monthly cash flow. Total monthly income runs $2,371/mo, and a $1,200/mo payment keeps the spread at $547/mo. Purchase price stands at $245,100, and rental yield measures 11.61% with $2,371/mo rent. Return on cash invested shows 27.99% in year one, and 5% annual appreciation builds toward $67,717 over five years. Five-year ROI reaches 147.88% and total cumulative return in cash records $120,151. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,371/mo property income covering a $1,200/mo payment rather than investor’s personal income.
Single Family
Built in 2010
7,320 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79119, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,914 (100%) |
| Owner Occupied HU | 7,282 (66.7%) |
| Renter Occupied HU | 2,782 (25.5%) |
| Vacant Housing Units | 850 ( 7.8%) |
| Median Home Value | $351,068 |
| Average Home Value | $398,649 |
Housing Distribution
Address Breakdown
Residential
10,504
Single Family
8,584
Multi-Family
1,920
Businesses
596
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