7611 Poppin LnAmarilloTX79121
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 7611 Poppin Ln, Amarillo, TX, 79121 at $340,000 posts ROI 25.24% with $501/mo cash flow from $2,935/mo rent. Total monthly income equals $2,935/mo, and annual cash flow records $6,011/yr on $112,710 to close. Return on cash invested measures 25.24% and rental yield reads 10.36% at the current $340,000. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,936 by year five. Five-year ROI prints 132.71% and total cumulative return in cash totals $149,574.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,935/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1984
N/A lot
$N/A/sqft
No 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: David Holmes • INROOTE
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-5267
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.