1219 Wood AveWacoTX76706
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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 1219 Wood Ave, Waco, TX, 76706 earns from $1,586/mo rent with a $6,852/mo payment. Total monthly income totals $1,586/mo. ROI tracks -1.77% on current figures, and rental yield reads 1.36% at a $1,400,000 purchase. Equity gained on principal adds $9,034/yr, and 5% annual appreciation supports $386,794 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,586/mo property income instead of your personal income.
Single Family
Built in 2022
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76706, Waco, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,478 (100%) |
| Owner Occupied HU | 6,004 (34.4%) |
| Renter Occupied HU | 9,655 (55.2%) |
| Vacant Housing Units | 1,819 (10.4%) |
| Median Home Value | $272,760 |
| Average Home Value | $299,834 |
Housing Distribution
Address Breakdown
Residential
15,206
Single Family
13,277
Multi-Family
1,929
Businesses
788
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