1220 N 18th StWacoTX76707
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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 1220 N 18th St, Waco, TX, 76707 offers a 10.39% rental yield on a $365,999 purchase with $3,170/mo rent. Total monthly income registers $3,170/mo, and a $1,791/mo payment leaves $568/mo available for distribution. Annual cash flow reaches $6,812/yr on $121,329 to close, and return on cash invested stands at 25.52% in year one. Equity gained on principal adds $2,362/yr while 5% annual appreciation supports $101,119 over five years. Portfolio math shows five-year ROI at 134.17% and total cumulative return in cash at $162,789. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,170/mo property income against a $1,791/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1906
78 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76707, Waco, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,387 (100%) |
| Owner Occupied HU | 2,930 (45.9%) |
| Renter Occupied HU | 2,786 (43.6%) |
| Vacant Housing Units | 671 (10.5%) |
| Median Home Value | $125,157 |
| Average Home Value | $169,327 |
Housing Distribution
Address Breakdown
Residential
5,753
Single Family
5,340
Multi-Family
413
Businesses
229
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