109 S Patricia StWacoTX76705
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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 Waco at 109 S Patricia St, Waco, TX, 76705 with 5% annual appreciation on a $247,900 basis while $2,051/mo rent supports operations. Total monthly income totals $2,051/mo and a $1,213/mo payment preserves $288/mo for cash returns. Annual cash flow comes to $3,462/yr on $82,179 deployed, and return on cash invested reaches 24.12% in year one. Equity gained on principal adds $1,600/yr, and five-year appreciation sums $68,490 alongside rental yield of 9.93%. Five-year ROI measures 126.67% and total cumulative return in cash totals $104,099.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,051/mo property income versus a $1,213/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
8,398 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76705, Waco, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,456 (100%) |
| Owner Occupied HU | 7,317 (54.4%) |
| Renter Occupied HU | 4,479 (33.3%) |
| Vacant Housing Units | 1,660 (12.3%) |
| Median Home Value | $216,331 |
| Average Home Value | $267,191 |
Housing Distribution
Address Breakdown
Residential
11,962
Single Family
10,974
Multi-Family
988
Businesses
632
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Listed by: Kandace Menning • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20944669
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.