11208 Echo DrWacoTX76708
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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 11208 Echo Dr, Waco, TX, 76708 with 5% annual appreciation on a $395,900 basis while $3,988/mo rent supports operations. Total monthly income totals $3,988/mo and a $1,938/mo payment preserves $875/mo for cash returns. Annual cash flow comes to $10,494/yr on $131,241 deployed, and return on cash invested reaches 27.9% in year one. Equity gained on principal adds $2,555/yr, and five-year appreciation sums $109,380 alongside rental yield of 12.09%. Five-year ROI measures 147.93% and total cumulative return in cash totals $194,149.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,988/mo property income versus a $1,938/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2020
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76708, Waco, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,229 (100%) |
| Owner Occupied HU | 6,695 (59.6%) |
| Renter Occupied HU | 3,871 (34.5%) |
| Vacant Housing Units | 663 ( 5.9%) |
| Median Home Value | $262,406 |
| Average Home Value | $291,043 |
Housing Distribution
Address Breakdown
Residential
11,224
Single Family
10,491
Multi-Family
733
Businesses
463
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Listed by: Joanna Mayberry • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20923352
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.