3704 Van Tassel StAmarilloTX79121
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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 3704 Van Tassel St, Amarillo, TX, 79121 uses $142,015 cash to close to unlock $2,993/yr annual cash flow and $249/mo monthly cash flow. Total monthly income runs $3,296/mo, and a $2,097/mo payment keeps the spread at $249/mo. Purchase price stands at $428,400, and rental yield measures 9.23% with $3,296/mo rent. Return on cash invested shows 22.02% in year one, and 5% annual appreciation builds toward $118,359 over five years. Five-year ROI reaches 115.36% and total cumulative return in cash records $163,828. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,296/mo property income covering a $2,097/mo payment rather than investor’s personal income.
Single Family
Built in 1987
0.27 Acres 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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