1310 Strickland 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 1310 Strickland St, Waco, TX, 76705 uses $76,908 cash to close to unlock $1,665/yr annual cash flow and $139/mo monthly cash flow. Total monthly income runs $1,789/mo, and a $1,136/mo payment keeps the spread at $139/mo. Purchase price stands at $232,000, and rental yield measures 9.25% with $1,789/mo rent. Return on cash invested shows 22.07% in year one, and 5% annual appreciation builds toward $64,097 over five years. Five-year ROI reaches 115.66% and total cumulative return in cash records $88,955. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,789/mo property income covering a $1,136/mo payment rather than investor’s personal income.
Single Family
Built in 1939
0.36 Acres 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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