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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Amarillo at 3725 Memory Ln, Amarillo, TX, 79109 uses $54,698 cash to close to unlock $5,343/yr annual cash flow and $445/mo monthly cash flow. Total monthly income runs $1,619/mo, and a $808/mo payment keeps the spread at $445/mo. Purchase price stands at $165,000, and rental yield measures 11.77% with $1,619/mo rent. Return on cash invested shows 29.68% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 156.51% and total cumulative return in cash records $85,607. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,619/mo property income covering a $808/mo payment rather than investor’s personal income.
Single Family
Built in 1993
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 79109, Amarillo, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,466 (100%) |
| Owner Occupied HU | 11,178 (54.6%) |
| Renter Occupied HU | 7,379 (36.1%) |
| Vacant Housing Units | 1,909 ( 9.3%) |
| Median Home Value | $243,928 |
| Average Home Value | $305,562 |
Residential
20,092
Single Family
14,389
Multi-Family
5,703
Businesses
1,808
Date | Event | Price |
|---|---|---|
| 2024-10-19 | Listed for sale | $165,000 |
| 2024-10-17 | Listing removed | $175,000 |
| 2024-08-15 | Price change | $175,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | N/A | N/A | $122,605 | 7.96% |
| 2023-10-23 | $702.72 | -43.41% | $113,560 | 10.00% |
| 2022-10-23 | $1241.72 | 0.01% | $103,236 | 10.00% |
Listed by: Andrea Schmidt • Lyons Realty
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-8887
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.
