3804 Parker StAmarilloTX79110
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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 3804 Parker St, Amarillo, TX, 79110 uses $43,095 cash to close to unlock $3,310/yr annual cash flow and $276/mo monthly cash flow. Total monthly income runs $1,200/mo, and a $636/mo payment keeps the spread at $276/mo. Purchase price stands at $130,000, and rental yield measures 11.08% with $1,200/mo rent. Return on cash invested shows 27.59% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 145.22% and total cumulative return in cash records $62,583. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,200/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79110, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,865 (100%) |
| Owner Occupied HU | 5,078 (64.6%) |
| Renter Occupied HU | 2,356 (30.0%) |
| Vacant Housing Units | 431 ( 5.5%) |
| Median Home Value | $162,500 |
| Average Home Value | $237,216 |
Housing Distribution
Address Breakdown
Residential
7,436
Single Family
7,234
Multi-Family
202
Businesses
556
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