3801 Snowball TrlAmarilloTX79108
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.38% yield at 3801 Snowball Trl, Amarillo, TX, 79108 in Amarillo is solid, but the $895/mo payment compresses net cash flow to $141/mo at $199,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $54,980 by year five, and $1,833/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.74) without U.S. income documentation. Total projected return: $85,314.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 7.8% |
| Monthly Cash Flow | $141 | $850 |
City averages based on Amarillo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,556 |
| Total Monthly Debt Service | $1,336 |
| DSCR Ratio | 1.16x |
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 1995
2.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79108, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,331 (100%) |
| Owner Occupied HU | 3,671 (68.9%) |
| Renter Occupied HU | 1,068 (20.0%) |
| Vacant Housing Units | 592 (11.1%) |
| Median Home Value | $185,725 |
| Average Home Value | $219,712 |
Housing Distribution
Address Breakdown
Residential
5,069
Single Family
4,909
Multi-Family
160
Businesses
208
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 1995
2.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79108, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,331 (100%) |
| Owner Occupied HU | 3,671 (68.9%) |
| Renter Occupied HU | 1,068 (20.0%) |
| Vacant Housing Units | 592 (11.1%) |
| Median Home Value | $185,725 |
| Average Home Value | $219,712 |
Housing Distribution
Address Breakdown
Residential
5,069
Single Family
4,909
Multi-Family
160
Businesses
208
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jordan Gilley • Moreland Real Estate Group
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-7568
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.