7323 Parkway DrAmarilloTX79119
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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
Rental property for sale in Amarillo at 7323 Parkway Dr, Amarillo, TX, 79119 priced at $354,200 pairs $3,020/mo rent with $331/mo cash flow after a $1,734/mo payment. Total monthly income equals $3,020/mo, and annual cash flow comes to $3,977/yr on $117,417 invested. Return on cash invested is 23.3% in year one, and rental yield stands at 10.23% on a $354,200 basis. Equity gained on principal adds $2,286/yr, and 5% annual appreciation accumulates to $97,859 by year five. Five-year ROI measures 122.86% and total cumulative return in cash reaches $144,264. For financing, Ziffy Mortgage’s DSCR program evaluates $3,020/mo property income against a $1,734/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2001
6,534 sqft lot
$N/A/sqft
$5 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79119, Amarillo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,914 (100%) |
| Owner Occupied HU | 7,282 (66.7%) |
| Renter Occupied HU | 2,782 (25.5%) |
| Vacant Housing Units | 850 ( 7.8%) |
| Median Home Value | $351,068 |
| Average Home Value | $398,649 |
Housing Distribution
Address Breakdown
Residential
10,504
Single Family
8,584
Multi-Family
1,920
Businesses
596
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