1025 Franklin Ave #1025DWacoTX76701
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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 Waco at 1025 Franklin Ave #1025D, Waco, TX, 76701 generates $1,916/mo in rent and, after a $1,043/mo payment, leaves $401/mo in cash flow. Total monthly income is $1,916/mo, and annual cash flow is $4,810/yr on $70,610 invested. Return on cash invested sits at 26.72% in year one, and rental yield is 10.79% on a $213,000 entry. Equity gained on principal adds $1,374/yr, while 5% annual appreciation builds toward $58,848 over five years. Five-year ROI reaches 140.58% and total cumulative return in cash sums $99,261. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,916/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76701, Waco, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,163 (100%) |
| Owner Occupied HU | 148 (12.7%) |
| Renter Occupied HU | 786 (67.6%) |
| Vacant Housing Units | 229 (19.7%) |
| Median Home Value | $228,571 |
| Average Home Value | $290,069 |
Housing Distribution
Address Breakdown
Residential
924
Single Family
534
Multi-Family
390
Businesses
719
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