1605 Clark Ave #A & BWacoTX76708
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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 1605 Clark Ave #A & B, Waco, TX, 76708 earns from $1,794/mo rent with a $2,220/mo payment. Total monthly income totals $1,794/mo. ROI tracks 8.48% on current figures, and rental yield reads 4.75% at a $453,500 purchase. Equity gained on principal adds $2,926/yr, and 5% annual appreciation supports $125,294 over five years. Five-year ROI reaches 42.79% and total cumulative return in cash sums $64,333. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,794/mo property income instead of your personal income.
Multi Family
Built in N/A
N/A 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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