7204 Versailles DrAmarilloTX79121
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
Investment Highlights
Investment property for sale in Amarillo at 7204 Versailles Dr, Amarillo, TX, 79121 at $375,000 posts ROI 23.54% with $376/mo cash flow from $3,479/mo rent. Total monthly income equals $3,479/mo, and annual cash flow records $4,509/yr on $124,313 to close. Return on cash invested measures 23.54% and rental yield reads 11.13% at the current $375,000. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 by year five. Five-year ROI prints 125.03% and total cumulative return in cash totals $155,427.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,479/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1988
6,098 sqft lot
$N/A/sqft
$437 monthly 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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Listed by: Cameron Monroe • Coldwell Banker First Equity
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-7403
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.