117 S Bermuda St, Waco, TX, 76705 | $233/mo Cash Flow

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117 S Bermuda St, Waco, TX, 76705 | $233/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Waco at 117 S Bermuda St, Waco, TX, 76705 offers a 9.66% rental yield on a $249,000 purchase with $2,004/mo rent. Total monthly income registers $2,004/mo, and a $1,219/mo payment leaves $233/mo available for distribution. Annual cash flow reaches $2,797/yr on $82,544 to close, and return on cash invested stands at 23.3% in year one. Equity gained on principal adds $1,607/yr while 5% annual appreciation supports $68,794 over five years. Portfolio math shows five-year ROI at 122.29% and total cumulative return in cash at $100,940. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,004/mo property income against a $1,219/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1967

0.38 Acres lot

$N/A/sqft

No HOA

More details about the property

Charming 3-Bedroom Home on a Spacious Lot in Bellmead!!! Welcome to 117 S. Bermuda Street, a well-maintained 3-bedroom, 2-bath home offering 1,330 sq. ft. of comfortable living space on a large 0.38-acre lot. Built in 1967, this property blends timeless character with modern potential, making it perfect for families, first-time buyers, or investors alike. Inside, youll find a welcoming floor plan with a generous living area, a functional kitchen ready for your personal touch, and bedrooms that provide plenty of natural light. Almost new wood floors add warmth, while central cooling keeps the home comfortable year-round. Outside, the expansive lot provides endless opportunitieswhether youre envisioning a garden or play area, it also has 2 shop buildings. The property features an attached garage for added convenience. Located in the heart of Bellmead, this home offers easy access to local schools, shopping, parks, and major roadways, while still maintaining the charm of a quiet, established neighborhood. Dont miss your chance to own this affordable and inviting propertyschedule your showing today!

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